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FROM TOP: ANDREW HARRER/BLOOMBERG VIA GETTY IMAGES; AP PHOTO/BRENNAN LINSLEY
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POINTERS
HUFFINGTON
09.22.13
SUMMERS’ END
Former U.S. Secretary Larry
Summers withdrew his name from
consideration for the post of Federal
Reserve chairman on Sunday. “I
have reluctantly concluded that
any possible confirmation process
for me would be acrimonious and
would not serve the interest of the
Federal Reserve, the Administration or, ultimately, the interests of the nation’s ongoing
economic recovery,” Summers wrote. The withdrawal comes after many Democrats
said they would vote against him, and led to increased speculation that Federal Reserve
Vice Chair Janet Yellen will be nominated for the post.
FOR
WOMEN,
THE
SAME OLD
STORY
THE SEARCH
CONTINUES
IN COLORADO
New data from the U.S. Census Bureau revealed that women still
earned only 77 cents for every dollar men made last year. The gap has
remained about this wide since 2007. American women earned a
median income of $37,791 in 2012, while men earned a median income
of $49,398. “Unfortunately for women and their families, it’s the same
old story — another year of no improvement,” said Linda D. Hallman,
executive director and CEO of the American Association of University
Women. House Democrats are joining forces with progressive advocacy
groups to try to improve women’s economic security.
Officials say it could take years —
and hundreds of millions of dollars
— for Colorado to recover from a
week of flooding and raging rains. At
least six people have died, and the
number is expected to increase. The
number of missing has decreased
from 1,200 to about a few hundred. Authorities have now slowed down emergency
operations and begun the recovery phase.