Opposition to Summers taking over the Fed came from liberal Democrats, a sign that the relationship between the president and his party is strained.
A former Republican Senate aide who is now a lobbyist said that Democrats are still united behind the president on the big issues of fiscal policy. “If the president makes some sort of deal [with Republicans] you could see some of the splintering on the left, the way you saw the split over Yellen and Summers,” this former aide said. “But smartly, they are sticking together, unlike the Republicans who are showing fracture.”
Vice President Joe Biden waits to conduct a mock swearing-in ceremony with Sen. Brian Schatz, D-Hawaii, in the Capitol's Old Senate Chamber, December 2, 2014. Schatz was sworn in to serve the remainder of his term since he was appointed to the seat after Sen. Daniel Inouye, D-Hawaii, passed away.