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January 18, 2012 3:44 pm

President Obama May Nominate Larry Summers to World Bank Chief

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Larry Summers (right), Tim Geithner (left). Photo: wiki commons.

Political Wire – President Obama is considering nominating Lawrence Summers, his former National Economic Council director, to lead the World Bank when Robert Zoellick’s term expires later this year, Bloomberg reports.

“A nomination of Summers would bring scrutiny of his previous stints in government, both as former President Bill Clinton’s Treasury Secretary and Obama’s NEC director, as well as his tenure as the president of Harvard University.”

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