Summers withdraws name for Fed Chair
NBC News: “Former U.S. Treasury Secretary Larry Summers has withdrawn his bid for consideration to succeed Ben Bernanke as Federal Reserve chairman — a move that allows the administration to sidestep a potentially contentious confirmation process.”
New York Times: “After weeks of opposition to his candidacy from an array of progressives, the president’s inability to rally Congressional Democrats on Syria persuaded Mr. Summers that his most important audience — the Senate, which must confirm a Fed chairman — probably could not be won over. He concluded that the White House was also unlikely to overcome opposition to his candidacy from many of the same Democrats, who view him as an opponent of stronger financial regulation, according to supporters who insisted on anonymity to describe confidential conversations with him.”
Syria violence intensified over last week
Los Angeles Times: “The U.S., Britain and France pledged Monday to push for a strong, enforceable United Nations resolution demanding that Syria give up its chemical weapons, and insisted that “all options must remain on the table” if Damascus fails to comply. The three nations, permanent members of the U.N. Security Council, want international military intervention to remain a possibility if Syrian President Bashar Assad drags his feet or refuses to abide by the resolution. But China and Russia, which also hold veto power on the council, are unlikely to agree.”
Washington Post: “As negotiations to avert a U.S. strike against Syria ramped up last week, so, too, did the action on the ground. Warplanes dropped bombs over far-flung Syrian towns that hadn’t seen airstrikes in weeks, government forces went on the attack in the hotly contested suburbs of Damascus, rebels launched an offensive in the south, and a historic Christian town changed hands at least four times. At the close of a week hailed in Moscow and Washington as a triumph of diplomacy over war, more than 1,000 people died in the fighting in Syria, the latest casualties in a conflict that has killed more than 100,000 people and can be expected to claim many more.”
Biden stokes 2016 flames in Iowa
NBC’s Alex Moe: ” A familiar face returned to the first-in-the-nation caucus state Sunday afternoon, flipping steaks and wooing Iowans nearly three years before the next presidential election: Vice President Joe Biden….While Biden has not announced his intentions for 2016 -– he even brushed off a question about it Sunday -– he has definitely encouraged the speculation he might launch a third bid for the White House. ‘Oh, I’m ready for winning some House and Senate seats now,’ Biden said when asked if he was ready for 2016.”
Des Moines Register: “Biden credited President Barack Obama on Sunday ‘for leading the world by the power of our example,’ with a clear vision on Syria, the economy and the future of America…On Sunday, the five-year anniversary of the Wall Street meltdown, amid angst over how to punish the Syrian regime for a gas attack on its civilians and worries about the looming budget showdown, Biden centered his speech on listing Democratic accomplishments.”
New York Times’ Jonathan Martin writes that “the dissonance between Democrats’ professed fondness for Mr. Biden and their unwillingness to support his presidential hopes is also reflected in polling data beyond this state, whose caucuses begin the race for the White House. If the party primary process is akin to a high school popularity contest — and it can be — Mr. Biden would be the guy the girls all found likable, outgoing and funny, but wanted only as a friend.”
At the Races: The return of Martha Coakley









