36 democratic representatives writing to support Yellen over Summers. 20 of the 54 Democratic Senators also support Yellen.
I'm not a Summers fan by any means and would much rather have Yellen, but Obama is right in his quote that “would have to slice the salami very thin” to find areas in which they diverged in terms of expected policy. The first year both are chairs would be nearly identical. Past that you would get divergences in which I would much rather have Yellen. This isn't even including the Republican fight that will come because Summers served as Obama's first economic advisor.
Basically, I don't see any real way that Harvard Larry will be overseeing the FOMC this time next year.
This post was edited on 8/6 at 10:23 am