Word: bentsens
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Dates: during 1990-1999
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Senior Administration sources are speculating that WARREN CHRISTOPHER, who has come under fire as Secretary of State, will be renamed a senior adviser to the President by the end of the year, and Lloyd Bentsen will take over at State. Then, goes this scenario, White House chief of staff Mack McLarty will assume Bentsen's Treasury Secretary post, and deputy chief of staff Harold Ickes will fill McLarty's job. Christopher is said to be so insecure that his staff is keeping a distance between Bentsen...
Federal Reserve Chairman Alan Greenspan called the U.S. economic outlook "as bright as it has been in decades," but sent the signals investors hate most: the Fed might again take steps to prevent inflation by boosting interest rates. Treasury Secretary Lloyd Bentsen, trying to stand tall a day after the dollar sank to a post-World War II low against the Japanese yen, vowed action if needed to bolster the greenback. Economists said the two men are in a bind: allow the dollar to fall further, and potentially provoking inflation, or raise interest rates and dampen U.S. economic growth...
...Lloyd Bentsen...
Washington -- Treasury Secretary LLOYD BENTSEN, who has been on the sidelines of the health-care debate for more than a year, has quietly begun to sound out Democratic elders and health-care interest groups in the event Congress can't pass legislation this summer. Bentsen has never been a fan of the grandiose Clinton scheme, and may help cut a deal if the committee chairpeople on Capitol Hill can't do it themselves...
...those who criticize him for having been too accommodating to the White House, Greenspan can say it has not always brought him peace. Indeed, the Fed had to spend much of last winter fending off a proposal by Treasury Secretary Lloyd Bentsen that would have created a superagency to regulate banks and thus usurp much of the Fed's supervisory authority. (The original plan is virtually dead.) Greenspan has also had to contend with some of Congress's most powerful members, who have long chafed at the secretive behavior of the Fed and in the past year have drafted legislation...