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File 028531

Email About Lawrence Summers Withdrawing from Federal Reserve Race (File 028531)

Correspondence between Ehud Barak and Jeffrey Epstein discussing Lawrence Summers' withdrawal from consideration as Federal Reserve chair in September 2013.

Summary

Ehud Barak forwards to Jeffrey Epstein a Financial Times breaking news alert reporting that Lawrence Summers has withdrawn his name from consideration to be the next Federal Reserve chair due to opposition from Democratic senators concerned about his role in financial deregulation. Barak characterizes this as a blow to a friend and speculates that Barack Obama may seek to place Summers elsewhere, noting he will likely be available in the coming days.

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