WASHINGTON, July 31 White House spokesman Jay
Carney said on Wednesday that any defense by President Barack
Obama of former senior economic adviser Lawrence Summers' record
should not be interpreted as a sign the president favors Summers
to head the U.S. Federal Reserve.
Obama's defense of Summers at meetings with lawmakers on
Capitol Hill was to be expected given Summers' service as a
senior administration official during the financial crisis,
Carney said. Summers is considered a candidate to replace Fed
Chairman Ben Bernanke when Bernanke's term expires in January.
"The president would defend that individual as I would,"
Carney told reporters at a briefing.
"You ought to take those kinds of statements and view them
as what the president or I or others would say about somebody
who was such an important and hard working member of the
president's economic team, and separate them from speculation
about a personnel announcement that will not be made before
fall," he said.