Monetary Policy Back In Focus For Next Fed Chair Contender

Law360, New York (September 16, 2013, 8:26 PM EDT) -- Critics bristled at Lawrence Summers' record on financial regulation when he surfaced as a front-runner for Federal Reserve chairman, but now that Summers has bowed out, analysts expect bank regulation to take a backseat to monetary policy as lawmakers size up a potential successor to Ben Bernanke.

Democrats in the U.S. Senate suspected Summers — who led the charge for deregulation during the Clinton administration — would not be tough enough on banks, and their opposition helped sink the former Treasury secretary's candidacy for the Fed...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.