Obama May Need Republican Help If Picks Summers For Fed

Now watching

Next video starts in : 7 Play

Obama May Need Republican Help If Picks Summers For Fed

Obama May Need Republican Help If Picks Summers For Fed
Replay video
Up next

Watch a Sneak Peek of Community Episode 4

Unlock your personal NFL Now stream by signing in to NFL.com

Obama May Need Republican Help If Picks Summers For Fed

by Wochit 1:23 mins

Obama May Need Republican Help If Picks Summers For Fed

by Wochit 1:23 mins

President Barack Obama will likely have to contend with Democratic defections and bring some Republicans on board to support Lawrence Summers if he chooses the controversial pick over Janet Yellin for the Fed Chair. Many lawmakers were unhappy with the unprecedented measures the Fed took to prop up the financial system during the 2007-2009 credit crisis. That sentiment could work against either candidate. An address by President Barack Obama and nationwide bell-ringing will cap celebrations marking the 50th anniversary of civil rights leader Martin Luther King's landmark "I have a dream" speech. The price of oil jumped more than $2 to above $108 a barrel, after U.S. Defense Secretary Chuck Hagel said American forces were ready to act on any order by President Barack Obama to strike Syria.

Must Watch

Must Watch

  1. 0:29

    Watch a Sneak Peek of Community Episode 4

  2. 24:40

    Community Episode 3: Basic Crisis Room Decorum

  3. 22:03

    Sin City Saints Episode 1: The Fool Monty

  4. 4:04

    The Secrets of Mad Men's Many Elevator Scenes

  5. 5:06

    The Rock Obama Cold Open

Community

  1. 27:26

    Community Episode 1: Ladders

  2. 27:26

    Community Episode 2: Lawnmower Maintenance and Postnatal Care

  3. 24:40

    Community Episode 3: Basic Crisis Room Decorum

  4. 0:29

    Watch a Sneak Peek of Community Episode 4

  5. 2:01

    Sin City Saints: Official Trailer

Yahoo Studios

  1. 1:34

    Season Five Finale of 'The Walking Dead' Answers Burning Questions

  2. 1:33

    How Karrueche Tran Learned of Chris Brown's Baby

  3. 1:13

    Final Four teams have Indy history

  4. 1:32

    Madness in :68 - Sweet, sour finish for final teams

  5. 2:09

    What it's like at the Final Four

  6. 1:32

    Michigan State back in the Final Four after gritty win