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VICTORY: Larry Summers Won’t Head The Fed

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When news hit that Larry Summers, famed for helping to craft the policies that caused the recession, was the front-runner for chair of the Federal Reserve, Robert Naiman of the organization Just Foreign Policy, The Other 98%, and MoveOn member Aaron Camp created MoveOn Petitions telling President Obama to leave Summers out of the running. More than 22,000 MoveOn members added their names to the petitions. Facing mounting pressure from grassroots progressives, Summers called President Obama to officially withdraw his name from consideration.