Word: bentsens
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Dates: during 1990-1999
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...nonetheless apologized for potentially misleading testimony given at an earlier hearing. During intense grilling by committee members, Altman pointed out that three independent investigations had discovered no interference by Clinton Administration officials in the case of the failed Madison Guaranty Savings & Loan. Earlier in the day, Treasury Secretary Lloyd Bentsen's chief of staff, Joshua Steiner, tried to dismiss the accuracy of entries in his diary, in which he had written that Altman had "gracefully ducked" a question about Whitewater-related meetings...
Even so, some top officials could be made to squirm, beginning with Secretary of the Treasury Lloyd Bentsen. Jean Hanson, general counsel of the Treasury, has reportedly told investigators that she briefed Bentsen about 1993 meetings between lower Treasury officials and White House aides concerning a Whitewater-related investigation before press reports of the meetings surfaced. In March, Bentsen said he knew nothing about any such contacts before they came to light. Bentsen is expected to testify that he does not recollect any such briefing...
Still, one document leaked as the hearings were about to begin begged new questions about what Bentsen and other Treasury officials knew and when they knew it. In a memo from Hanson dated Sept. 30 that is in the hands of congressional probers,she writes of press inquiries about the investigation and continues, "I have spoken with the Secretary ((Bentsen)) and also Bernie Nussbaum," who was then White House counsel. The investigation, into the failure of Madison Guaranty Savings & Loan, which was owned by Clinton friend and Whitewater partner James McDougal, was conducted by the Resolution Trust Corporation, a federal...
...acknowledge knowing of any earlier meetings. Even before her Sept. 30 memo turned up, however, Hanson reportedly told investigators that Altman not only knew about similar meetings in September and October 1993 but actually ordered them. Those reports have touched off rumors that Altman, once thought likely to succeed Bentsen at Treasury, is considering resigning. Sources close to Altman deny it. And the White House has not indicated that it wants Altman to go. Altman has released a statement saying, "My recollection may differ from Miss Hanson's, but there is nothing unusual about that...
...dive in the dollar had once been expected to dominate this week's summit meeting of the seven major industrial powers in Naples. But now Secretary of the Treasury Lloyd Bentsen insists there will be no "detailed discussion" -- and perhaps wisely. What, after all, could Bill Clinton say? That he is not to blame for the battering of the buck, sees little he can do about it, and is not sure he should even try? A plausible argument could be made for all those propositions, but it would not calm the currency markets...