(Bloomberg) -- Former Treasury Secretary Lawrence Summers is advising Joe Biden’s presidential campaign on economic policy, including its plans to revive the U.S. economy after the coronavirus pandemic, according to five people familiar with his involvement.The Obama and Clinton administration veteran’s role roiled progressives who view his past work on the 2009 recovery as too … However, his role in Biden's campaign has caused controversy among progressives, including groups such as Justice Democrats and

Then, after the collapse, he made sure that the banks got rescued while allowing homeowners to be thrown under the bus. Summers is viewed critically by some liberals, who view his policy prescriptions as too centrist. Biden, the presumptive Democratic nominee, served as Obama's vice president. Sarin interned at the Obama National Economic Council when it was run by Larry Summers, at the very time that administration considered proposals (reportedly led by Biden) to cut Social Security. Biden campaign's outside economic advisers include Larry Summers. By Trevor Hunnicutt , Reuters • April 23, 2020. On Thursday, former Treasury Secretary Larry Summers was announced as an economic advisor to the campaign of former Vice President Joe Biden, the presumptive Democratic nominee for president.
By Trevor Hunnicutt (Reuters) - Former U.S. Treasury Secretary Larry Summers, an academic and longtime economic aide to Democratic presidents, is among the people now advising Joe Biden's presidential campaign, according to two people familiar with the matter. Summers is one of dozens of economic advisers to Biden’s campaign.


Summers … What does this have to do with Democratic politics? Joe Biden has been working hard to come up with an aggressive policy plan to deal with the economic recovery after COVID. “Joe Biden having Larry Summers as an economic adviser is tone-deaf and a slap in the face to progressive voters whose support and trust he himself says he needs to do better to earn,” the Justice Democrats said in an email to its members.

Alex Wong via Getty Images Then-Vice President Joseph Biden and then-Director of the National Economic Council Larry Summers, in October 2009. Biden, the presumptive Democratic nominee, served as Obama's vice president. “People like Larry Summers, and others of his archetype ― Larry Fink, Jamie Dimon, Tom Nides ― have no place in Democratic politics at this juncture. Apparently the architect of this plan is Larry Summers. Former Treasury Secretary Lawrence Summers is advising Joe Biden’s presidential campaign on economic policy, including its plans to revive …


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