Economics
Larry Summers Plays Down Role as Adviser to His ‘Friend’ Biden
- Progressive groups assail his handling of the financial crisis
- Summers served as Obama administration’s top economic official
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Former Treasury Secretary Larry Summers played down his role advising Joe Biden’s campaign amid an uproar among some progressives over his potential influence on the presumptive Democratic presidential nominee.
“Oh, I wouldn’t over-read things. The vice president and I have been friends for a long time and I’m one of many, many people who his campaign talks to but I don’t have any formal relationship to his campaign,” Summers said Friday on Bloomberg Television’s “Wall Street Week.” Summers works as a commentator on Bloomberg Television and “Wall Street Week.”