Larry Summers for Federal Reserve Chairman

By Diana Furchtgott-Roth

Published July 24, 2013 4:00am ET

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Larry Summers for Federal Reserve Chairman — Harvard University Professor Larry Summers would be able to lecture Congress and the president on what needs to be done to spur economic growth. (AP File) | Michel Euler

Fed chair Ben Bernanke‘s term will end in January 2014, and President Obama is seeking a successor. The choice is crucial, because unwinding the Fed‘s accommodative monetary policy without plunging the country into inflation is no easy task.

Candidates include former Treasury Secretary Timothy Geithner, Federal Reserve Board Vice Chairman Janet Yellen, former Fed Vice Chairman Roger Ferguson, and Harvard University economics professor Larry Summers.

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Analysis Commerce Entitlement Reform Federal Budget Federal Reserve Fiscal Policy Larry Summers Presidents Treasury Department