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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
Larry Summers
Larry SummersPhotographer: Mark Kauzlarich/Bloomberg

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.”