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Saturday, August 24, 2013

Decision On Next Fed Chief Turns Into Rare Political Battle

Bette Midler wouldn't normally be expected to trumpet her opinion on who should be the next chairman of the Federal Reserve.

This time is different.

A battle over what's arguably the world's most powerful economic post has turned into an unusually public struggle over two renowned economists — Fed Vice Chair Janet Yellen and former Treasury Secretary Larry Summers.

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