Tuesday wasn’t faring much better with the Dow down more than 400 points shortly after opening. Larry Summers, who was part of Bill Clinton’s cabinet, warned that recession chances in the U.S. are now ...

During a Bloomberg TV interview, Summers, who served at the Treasury during the Clinton administration and as National Economic Council director under President Barack Obama, said that the U.S ...

Former Treasury Secretary Lawrence H. Summers is one of America’s leading economists. In addition to serving as 71st Secretary of the Treasury in the Clinton Administration, Dr. Summers served as ...

Summers was also U.S. Treasury secretary during the Clinton administration and is currently the Charles W. Eliot University Professor at Harvard. According to the student newspaper, The Stanford Daily ...

The chances of a recession in the U.S. are “close to 50/50,” Bill Clinton’s former treasury ... was really unlikely this year,” Larry Summers told CNN. “Now it’s getting close to ...