Larry Summers Archives

Jeffrey Epstein Claimed He Was Managing Money for Bill Gates – Gates Denies Charge

The Wall Street Journal has released the second part of its Jeffrey Epstein document dump and Bill Gates does not look good. Neither does Bill Clinton's former Treasury Secretary and onetime Harvard University president Larry Summers. It also spells doom for LinkedIn founder Reid Hoffman, a major Democrat donor and…

Ex-Treasury Secretary: Recession Is Coming and It Won’t Be Mild

Larry Summers, who served as Bill Clinton's Treasury Secretary and Barack Obama's National Economic Council advisor, has warned that a recession is coming and that it will not be a mild one. Speaking during an interview with MSNBC on Thursday, Summers said that the Federal Reserve will have to face…

Ex-Obama Economic Advisor Larry Summers Warns ‘Recession Is Ahead’

Larry Summers, the former economic advisor and Treasury Secretary in Barack Obama's administration, has warned that Democrat President Joe Biden is leading America toward "a recession." Summers warns that previous periods of high inflation and unemployment, like the one we are currently in, have led to recessions within a “year…

Larry Summers Warns of Recession, Slams Student Loan Debt Relief

President Obama's former U.S. Treasury Secretary Larry Summers has warned that America is fast heading toward recession under Joe Biden. Summers issued the warning while blasting the Democrats' push for student loan debt relief. He described the debt forgiveness as a "regressive" policy that mostly benefits high-income households. In a…