Summers Warns US Is Getting ‘Lonely’ as Other Powers Band Together
- Former Treasury chief speaks on sidelines of IMF meetings
- Summers: some voices see US representing less-favorable bloc
This article is for subscribers only.
Former Treasury Secretary Lawrence Summers warned of “troubling” signs that the US is losing global influence as other powers align together and win favor among nations not yet aligned.
“There’s a growing acceptance of fragmentation, and — maybe even more troubling — I think there’s a growing sense that ours may not be the best fragment to be associated with,” Summers said on Bloomberg Television’s “Wall Street Week” with David Westin.