Decision on next Fed chief a rare political battle

JACKSON HOLE, Wyo. • 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. Chairman Ben Bernanke is expected to step down when his second term ends in January, and the contest to succeed...

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