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Speaking out for the first time since dropping a high-profile bid to become Federal Reserve chairman, Harvard professor Larry Summers struck an unusually aggressive liberal tone Thursday morning, denouncing the
Economy

Larry Summers: Austerity has been a ‘grievous error’

Joseph Lawler -
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Treasury Secretary Jack Lew is relatively sanguine about the health of the U.S. economy, even as a series of further budget showdowns are scheduled for upcoming weeks. (AP File)
Economy

Jack Lew on the debt ceiling crisis: This can never happen again

Joseph Lawler -
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The news conference of Fed Chairman Ben Bernanke appears on a television screen at a post on the floor of the New York Stock Exchange Wednesday, Sept. 18, 2013. The Federal Reserve has decided against reducing its stimulus for the U.S. economy, saying it will continue to buy $85 billion a month in bonds because it thinks the economy still needs the support. (AP Photo/Richard Drew)
Economy

The week ahead in economics: Fiscal debates and more Federal Reserve intrigue

Joseph Lawler -
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In this photo taken Monday, Sept. 16, 2013, President Barack Obama pauses as he speaks in the South Court Auditorium on the White House complex, in Washington. Obama, facing a budget showdown with Congress, is pushing his economic agenda to some of the nation's top corporate executives today while cautioning Republicans not to precipitate a government shutdown or an unprecedented debt default. (AP Photo/Pablo Martinez Monsivais)
Economy

Obama: GOP using debt limit to ‘extort’ me over budget

Brian Hughes -
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Economy

Treasury Secretary Jack Lew ‘cautious and anxious’ about a debt default

Joseph Lawler -
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Mike Lee pushes $40,000-per-child tax cut
Beltway Confidential

Mike Lee pushes $40,000-per-child tax cut

Joel Gehrke -
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Larry Summers, President Obama's former chief economic adviser and Treasury Secretary under President Bill Clinton, was seen by many as the frontrunner to head the Federal Reserve. (AP File)
Economy

Larry Summers withdraws from consideration for Fed chairman

Brian Hughes -
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President Barack Obama addresses the nation in a live televised speech from the East Room of the White House in Washington, Tuesday, Sept. 10, 2013. President Obama blended the threat of military action with the hope of a diplomatic solution as he works to strip Syria of its chemical weapons. (AP Photo/Evan Vucci, Pool)
Immigration

Syria push imperils Obama’s fall agenda

Brian Hughes -
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Darryl Layne Woods, the former chairman and chief financial officer of Mainstreet Bank in Ashland, Mo., used $381,487 in Troubled Asset Relief Program funds to buy himself a luxury vacation condo in Southwest Florida. (Thinkstock)

Bank official stole government money? Not surprised

Kelly Cohen -
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Jack Lew: Obama will negotiate over government funding, not debt limit
Economy

Jack Lew: Obama will negotiate over government funding, not debt limit

Joseph Lawler -
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