With Summers Out, Who's In?

A woman CEO? Or an outsider?
By Kevin Spak,  Newser Staff
Posted Sep 22, 2010 7:52 AM CDT
Larry Summers meets with China's Communist Party's Central Organization Department Minister in this, Sept. 6, 2010 file photo.   (AP Photo/Feng Li, Pool)

(Newser) – News that Larry Summers is leaving the Obama administration has set off a flurry of speculation about who will or should replace him. And we've got that speculation for you right here:

  • Obama would like to pick a female CEO, sources tell Politico, because he's "acutely aware that all of the administration's big four economic leadership positions are currently filled by white males with virtually no experience running a major business enterprise."

  • Eliot Spitzer thinks Obama already has the perfect candidate: Elizabeth Warren. "I have been pretty open about my disagreements with Larry Summers and Tim Geithner," Spitzer tells the Daily Beast. The resignation gives an Obama "an opportunity to stake out a new direction in terms of messaging."
  • William Galston of the Financial Times thinks Obama needs a pick that will appeal to Republicans, to avoid post-midterm gridlock. "It wouldn’t hurt if the new adviser were seen as an honest broker open to new ideas that diverge from Keynesian orthodoxy."
  • Reuters, meanwhile, offers a list of people who've been named as possible successors, including Summers' deputy Diana Farrell, Ana Fudge from the bipartisan deficit commission, GE CEO Jeffrey Immelt, and ex-Time Warner boss Richard Parsons.

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