#lawrencesummers

Lawrence H. Summers, former US Treasury Secretary and "Wall Street Week" contributor, says he doesn't understand how recent economic data supports the Federal Reserve's signal that it intends to cut rates this year. He speaks on Bloomberg Television’s Wall

Former US Treasury Secretary Lawrence H. Summers criticized Washington regulators and US banking giants for not having already figured out a solution for the troubled lender First Republic Bank. -------- Follow Bloomberg for business news & analysis, up-to