President Barack Obama’s economic advisers have argued over everything from the size of the stimulus package to prop trading at the biggest banks.
But there’s another topic they debate after hours: Was that ball in or out?
Of the original Treasury tennis mafia — Timothy Geithner, Gene Sperling, and Alan Krueger — two now have top jobs at the White House. Sperling is the director of the National Economic Council. Krueger is Chairman of the Council of Economic Advisers. When Larry Summers, Obama’s first NEC director, left, Geithner only consolidated his power.
But Summers, eager for a game of tennis and interested in the Federal Reserve Chairmanship, could come back to Washington. Not that the deal needs to be sweetened, but the Fed has its own court.
Here’s a guide to the exclusive tennis courts of DC.