Thursday, January 6, 2011

Gene Sperling Reportedly Obama Pick To Replace Larry Summers

Sperling will return to the same post he held under the administration of former President Bill Clinton from 1997 to 2001


01- 6-11

Gene Sperling Reportedly Obama Pick To Replace Larry Summers

President Barack Obama will appoint Gene Sperling, currently a counselor to Treasury Secretary Timothy Geithner, to replace Larry Summers as director of the National Economic Council on Friday, the Washington Post reports.

Sperling will return to the same post he held under the administration of former President Bill Clinton from 1997 to 2001.

NBC's First Read reports:

The president will make the announcement tomorrow during his visit to Thompson Creek Manufacturing in Landover, MD, a window manufacturer. While there, the president will also tour the facility and comment on the monthly employment report.