Larry Summers, former Treasury Secretary under the Clinton Administration and White House economic advisor under President Obama, is reportedly very eager to become the next Federal Reserve Chairman.
On December 17, 2012, Summers was named as a Senior Distinguished Fellow at the liberal think tank Center for American Progress (CAP).
Summers is also a Member of the Board of Directors at the Peterson Institute for International Economics (PIIE).
Here is a previous Think Tank Watch post titled "Will the Next Fed Chair Come From Think Tank Land?"
Here is a previous Think Tank Watch post titled "Fmr. Brookings Scholar to Pick the Next Fed Chair?"
This Free Beacon article notes that CAP has a history of attacking Larry Summers.
Center for American Progress (CAP) was recently ranked
as the 30th best think tank in the world by the annual University of
Pennsylvania think tank rankings. It was ranked as the 11th best think
tank in the US. It was also ranked as the 2nd best think tank in the
world in terms of best use of the Internet or social media.