Word: bentsens
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Dates: during 1990-1999
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...Senator from New York, a giant intellect who has succeeded Treasury Secretary Lloyd Bentsen as chairman of the powerful Finance Committee, these few whispered words are a warning shot at least the equal of the spontaneous outpouring of public outrage that doomed Zoe Baird last week. Finance's domain, Moynihan rightly says, "covers everything the President cares most about -- economic recovery, trade issues, health care, welfare, Social Security, just about everything he got elected on. He's right when he says nothing he's proposed matters unless it passes the Congress. So he either talks to us sooner...
...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...
Clinton aides argue plaintively that there is almost no way to keep a secret, given the vetting process and political courtesy calls required for a major appointment. The Treasury choice, for example, was telegraphed in late November when Clinton called Texas Governor Ann Richards to discuss filling Bentsen's soon-to-be-vacant Senate seat. Some in the Clinton camp fear that the two transition teams doing background checks may be the source of some leaks. The vetters are given the names of the nominees but not their positions. That may help explain why the press mistakenly speculated that Shalala...