Word: bentsens
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Dates: during 1990-1999
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...scramble to do something dramatic, and do it quickly, led Clinton to try to bring a Republican into the Cabinet. A senior official approached former New Hampshire Senator Warren Rudman two weeks ago about replacing Lloyd Bentsen as Treasury Secretary. Rudman declined the tentative offer, however, and Clinton turned to Robert Rubin, the director of the National Economic Council, who had been Bentsen's presumptive heir for months. Rubin isn't expected to change course at Treasury, but his ability to broker compromises on bitter policy fights will be missed at the White House...
...additional provisions, Republicans chided the president as a johnny-come-lately and said the "Contract With America" gave citizens more benefits. (Incoming House Majority leader Richard Armey of Texas even dubbed Clinton's package "Contract-lite.") The White House, anticipating the barbs, threw a briefing featuring Treasury Secretary Lloyd Bentsen and others who said the GOP plans would send 46 percent of new tax relief to families making more than $100,000 a year, compared to 13 percent under the Clinton plan. But on another GOP idea they've criticized as a giveaway to the wealthy -- a capital gains...
Confirming rampant rumors that he was headed to Houston, Treasury Secretary Lloyd Bentsen resigned today. Named to replace him was longtime Wall Streeter and Clinton economic advisor Robert Rubin. Bentsen said he wanted to return to Texas to spend more time with his children and grandchildren and "return to the private sector . . . while I still had a spring in my step." Bentsen -- who leaves in two weeks -- served in the Senate for 22 years and ran as vice president in 1988 on the ticket headed by Michael Dukakis.His replacement, currently head of Clinton's National Economic Council, spent nearly three...
...faxes amounted to ransom notes, lists of demands to be met in return for Dole's support when a lame-duck Congress votes this week on the world-trade pact known as GATT. On the receiving end were White House chief of staff Leon Panetta, Treasury Secretary Lloyd Bentsen and U.S. Trade Representative Mickey Kantor. Within 24 hours, all three were seated across from Dole, sipping orange juice and coffee in a private room at the Palladin, a tony Washington restaurant. Why meet there instead of at the White House? Because the Palladin is situated in the Watergate complex where...
Clinton Administration officials today confirmed recent rumors that Treasury Secretary Lloyd Bentsen, 73, will resign early next year, leaving the Clinton Administration without one of its most experienced and highly-regarded policy makers. Bentsen, however, took a page from the Mark Twain playbook, telling reporters that reports of his departure were "premature." Leading the pack of talked-about replacements: Robert Rubin, head of Clinton's National Economic Council and the former co-chairman of Goldman, Sachs & Co. TIME Washington correspondent Adam Zagorin says Bentsen has decided to quit "for a lot of reasons. First, he's getting on. The timing...