Word: capitol
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Dates: during 1990-1999
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President Clinton named retired Air Force General Michael Carns to head the cia, which remains demoralized by the Aldrich Ames spy scandal. A decorated Vietnam War veteran and respected administrator, Carns was chosen, in part, because he is an outsider to the intelligence community. Initial reaction on Capitol Hill was positive...
...four states--Arizona, Louisiana, Mississippi and Montana--judges have also ruled Brady unconstitutional because it compels localities to adopt national standards. In Val Verde County, which covers 3,240 sq. mi. in southwestern Texas, sheriff J.R. Koog says his 15 deputies are stretched to the limit. Echoing the Capitol Hill debate over unfunded mandates, he complains about the ``horrendous effect'' on his operations budget. ``The government can operate in the red, pink or whatever,'' he says. ``I have to operate in the black...
...chairman of Goldman Sachs knew many of Mexico's leading industrialists (his business contacts included Telefonos de Mexico; cement giant Cemex; and Banco National de Mexico, the country's largest bank). But after two years as head of Clinton's National Economic Council, Rubin knew little about lobbying Capitol Hill. Although Treasury had prepared a state-by-state analysis of how a Mexican meltdown would affect U.S. employment, for example, most members of Congress never learned of its existence. Moreover, Clinton and top aides like White House chief of staff Leon Panetta were focused on the President...
...used his emergency powers to craft an economic rescue package for Mexico intended to avert the possibility of loan defaults that could ignite financial panic throughout the hemisphere. The President thus neatly bypassed congressional opposition to his original proposal of $40 billion in loan guarantees. Despite some grumbling on Capitol Hill, the President's move received support from both the Republican and Democratic leadership (and a sigh of relief from many members happy to be freed from having to vote on a controversial aid package). For the most part, Mexican financial markets reacted favorably to the President's announcement...
...powers to craft an economic-rescue package for Mexico intended to avert the possibility of loan defaults that could ignite financial panic throughout the hemisphere. The President thus neatly bypassed U.S. congressional opposition to his original proposal of $40 billion in loan guarantees. Despite some grumbling on Washington's Capitol Hill, the President's move received support from both the Republican and Democratic leadership (and a sigh of relief from many members happy to be freed from having to vote on a controversial aid package). For the most part, Mexican financial markets reacted favorably to the President's announcement...