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>> HEIDI HEITKAMP Latest News

SEP 13, 2013 - Business Insider

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Four Key Democrats Are Now Opposed To Larry Summers, And That Could Be Devastating For His Candidacy

A fourth Democrat on the Senate Banking Committee plans to oppose Larry Summers' potential nomination to chair the Federal Reserve Board, something that could be devastating to his candidacy.  Sen. Jon Tester's (D-Mont.) office told Reuters that Tester plans to oppose Summers, who is widely considered the front-runner to be tapped by President Barack Obama in the coming weeks. His office didn't immediately respond to a request seeking confirmation.  President Obama is thought to prefer Summers over Fed Vice Chair Janet Yellen, who is the preferred candidate of many Democrats and ... Read More

Tags: Four Key Democrats Are Now Opposed To Larry Summers, And That Could Be Devastating For His Candidacy,  Heidi Heitkamp Latest News