WASHINGTON -- Forget about cutting interest rates. A Republican senator said he wouldn't even let Lawrence H. Summers, a leading contender to replace
“I wouldn’t want
Summers, who served as Treasury secretary during the Clinton administration and was the top economic aide to President
The other front-runner is Fed Vice Chair
With the Fed playing an unprecedented role in the economy, the selection of a new Fed chief has been unusually public in recent weeks. President Obama is expected to make a nomination in the fall.
Summers is known as a brilliant economist but has a reputation as being difficult to work with. His high-profile role in the Obama administration also could cause problems for his nomination with Senate
Roberts made his comments Monday while participating in a panel with other lawmakers at the annual meeting of the Kansas Independent Oil and Gas Assn. in Wichita.
He said Yellen was more qualified than Summers.
"She's very solid in how she approaches fiscal matters, the economy and the Fed, but you need a very strong leader and I'm not sure she has that capability," Roberts said.
Roberts later told Politico that he wouldn't support her nomination either, out of concerns she would continue the Fed's easy-money policies, which many Republicans have criticized.
Roberts stuck with the lawn theme, saying he was "not putting Yellen yard signs out in Kansas."
But the clear favorite was Roberts, with 56%.