Lawrence Summers NPR's Kathleen Schalch profiles Lawrence Summers, who has served as Rubin's Deputy and has been named to succeed him as Treasury Secretary. Summers shares much of the credit for the strong economy. He says he plans to continue Rubin's policies. Reaction to Summers' nomination is positive. Markets seem reassured that President Clinton has chosen him for the top job at Treasury, and he's expected to win relatively easy Senate confirmation.