Schafer: Fed appointment turned into ‘horse race’ spectacle

  • by: LEE SCHAFER , Star Tribune
  • Updated: September 16, 2013 - 9:47 PM

Lawrence Summers withdrew over the weekend as a potential successor to Ben Bernanke as chairman of the Federal Reserve, even though he wasn’t really an announced candidate for anything. It’s an appointed position, of course, not elected.

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