There was speculation that Obama might turn to a corporate executive to replace Summers as a way to deflect criticism that his administration is antibusiness. Also, the White House is acutely aware that there are no women in top economic posts following Romer's departure, nor do the current team of advisers have significant private-sector experience.
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There was speculation that Obama might turn to a corporate executive to replace Summers as a way to deflect criticism that his administration is antibusiness. Also, the White House is acutely aware that there are no women in top economic posts following Romer's departure, nor do the current team of advisers have significant private-sector experience.