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Summers (left) may face more challenges in implementing reform because of the perception that he is weaker on regulation, while Yellen has no such reputation.

Yellen vs. Summers: Who Would Be the Tougher Regulator?

Regulatory reform is likely to continue on its current path if Janet Yellen, the Federal Reserve Board's vice chairman, is tapped to lead the central bank. The future is decidedly murkier if Larry Summers wins the post.

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