Larry Summers: Present During Many Economic Storms
• Treasury Secretary in 1993, assisted with response to international financial crises in Asia and Mexico; played role in 1999 repeal of Glass-Steagall legislation
• Harvard University President from 2001-2006; resigned after controversial comments about aptitude of women in science/engineering fields
• Director of National Economic Council in 2008, helped engineer response to financial crisis and $787 billion stimulus bill
• Was on Obama's shortlist for Federal Reserve chair bid in 2013 but withdrew name after opposition within Democratic party
• In 2021, warned Biden administration that COVID stimulus could cause rampant inflation the Fed would struggle to contain