Word: bentsen
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...QUESTION WAS TRICKY, AND BILL CLINTON REalized that he didn't have to answer it. Instead he gestured toward Texas Senator Lloyd Bentsen to respond for him, adding with a laugh, "The great thing about having a Cabinet . . ." The sentence was incomplete, but the thought was clear: having chosen a team, the President-elect was no longer alone...
...Bentsen, 71 and chairman of the Senate Finance Committee, was the capstone as Treasury Secretary. Accenting his desire to work with Congress, Clinton tapped Leon Panetta, who chairs the House Budget Committee, as OMB director. Wall Street was represented by Robert Rubin as the head of the new National Economic Council in the White House, and Roger Altman, a Clinton college classmate, as Bentsen's deputy. Alice Rivlin, former director of the Congressional Budget Office, will be Panetta's deputy. The solid choices signaled Clinton's concern with the deficit and need to reassure business...
...CLINTON ECONOMIC TEAM WORKS WELL TOGETHER, that may be because some members already have a trusting relationship. For years, Goldman Sachs co- chairman ROBERT RUBIN has personally supervised a blind trust that holds investments for Texas Senator LLOYD BENTSEN, Clinton's designated Treasury Secretary. Rubin, who will be Clinton's senior economic adviser, resigned from Goldman last week to accept the White House position. Now Bentsen must decide whether to leave the trust with Goldman or move it to another firm...
What suspense? This was not exactly an Alfred Hitchcock production or the dramatic the-envelope-please moment at the Academy Awards. For nearly a week, the press had been accurately forecasting the precise lineup of the Clinton economic team. Typical was the Dec. 5 headline in the Washington Post: BENTSEN SOUGHT AS TREASURY CHIEF. The same article had Congressman Leon Panetta slated for Director of the Office of Management and Budget, even though Panetta spokesman Barry Toiv insists that the job was not even offered until last Tuesday...
...early bruiting of Lloyd Bentsen's name looked like a textbook case of strategic leaking. How upset would liberals be over Bentsen's probusiness record, his ill-fated $10,000 breakfast club for favored campaign contributors and his off-again, on-again memberships in segregated clubs? The answer: not very. But before Bentsen -- the ultimate old-politics nominee -- was formally unveiled, the Clinton high command seemed to be hedging its bets by underlining its belief in affirmative action with this leaked story in the New York Times: CLINTON EXPECTED TO NAME WOMAN ATTORNEY GENERAL...