Gene Sperling
So Is Roger Altman Replacing Larry Summers or Not?
[Guest post by Noam Scheiber:] READ MORE >>
Sweet Lew?
The search for Peter Orszag’s successor at the Office of Management and Budget hasn’t gotten a lot of attention. But it should. If the administration is talking about a policy change that involves spending or raising money, as most policy changes do, then the OMB director is going to be part of that discussion. READ MORE >>
Who’s Going to Replace Orszag?
The first-day stories on Peter Orszag’s looming departure from OMB highlighted a number of possible successors. Among them: Gene Sperling, now a senior aide to Treasury Secretary Tim Geithner; Laura Tyson, a Berkeley economist and former Clinton official; Rob Nabors, a top aide to White House Chief of Staff Rahm Emanuel who served as Orszag’s deputy early in the administration; and Jeff Liebman, a top OMB official who’s been acting deputy since Nabors left. READ MORE >>
How They Did It
Geithner's Top Financial-Markets Adviser to Leave
The Wall street Journal reports today that Lee Sachs, a counselor to Treasury Secretary Tim Geithner, will be leaving the administration in April. Since the early days of the transition in 2008, Sachs has generally been the senior Treasury aide in charge of overseeing the administration’s response to the financial crisis. READ MORE >>
Geithner and Summers, From the Baseline
Just wanted to engage in a little crass self-promotion for those who come directly to The Stash, or who took the Internet off for Columbus Day: I have a piece in our current issue about the tennis-playing habits of the Obama economic team--Larry Summers, Tim Geithner, and Gene Sperling, et al--which, I half-seriously suggest, can be understood as a metaphor for their West Wing interactions. It turns out most of the group has attended tennis camp together for the last several years: READ MORE >>
Moneyball
For the handful of people in charge of saving the U.S. economy, it’s been a grueling season. The last eight months have featured endless back-and-forths, tense stalemates, and spirited confrontations. Larry Summers, the president’s chief economic adviser, has drawn blood with his lacerating quips. Treasury Secretary Timothy Geithner has dropped expletives to signal his frustration. Even their aides have gotten in on the action. READ MORE >>
Nudge-ocracy
Border War
Insiders
Earlier this summer, when the Obama campaign announced that Jason Furman was joining its staff as director of economic policy, the storyline seemed to write itself: Centrist adviser will pull Obama to the right. Furman had first made a name for himself as a wonky twentysomething wunderkind in the later years of the Clinton administration--a period when, to the consternation of many liberals, Clinton emphasized balanced budgets, free trade, and welfare reform. READ MORE >>