Word: chairmans
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Much of today's deflation anxiety results from keen awareness of the Japanese experience of the 1990s. Indeed, New York Federal Reserve governor and vice chairman of the Federal Open Market Committee Timothy Geithner was Treasury attaché in the Tokyo embassy for the first half of that decade. That's when a widespread banking crisis led to a credit crunch, an economic slump and eventually interest rates that were lowered to zero by the Bank of Japan. Even so, Japan's banks, which were in the process of repairing their balance sheets, were extremely reluctant to lend. Thus, even...
...cottage industry for Fed researchers over the past eight years, and the Fed has responded accordingly: lending directly to banks, backstopping the commercial-paper market (which companies use to raise short-term money), trying to bring yields on both long- and short-term maturities down. Further, Fed chairman Ben Bernanke went out of his way recently not to object to the possibility of further fiscal stimulus from Congress. In other words, the Fed is throwing everything but the kitchen sink at avoiding a deflationary spiral, and it's doing so more quickly than its counterparts in Tokyo did a decade...
When Barack Obama asked Congressman Rahm Emanuel to be his White House chief-of-staff, few political insiders were surprised. The Chicago politician and chairman of the House Democratic Caucus has been described as a profane, hyperactive attack dog - and his supporters argue that this steamrolling personality would make him an effective, formidable gatekeeper to the Oval Office. Emanuel's lengthy political background and knowledge of individual lawmakers - not to mention his fund-raising prowess - don't hurt either. (Read "Who Will Be Obama's Pick For Treasury Secretary...
...other hand, is a relatively junior Senator and ranks no higher than fifth in seniority on any of her committees. On Health, Education, Labor and Pensions, the panel that oversees the issue about which she has the most expertise and passion - health care - she ranks eighth. The chairman, Kennedy, has brain cancer but vows to play the lead role himself...
...complete control of government, in a time of crisis. All branches of government. No checks and balances. No debate. No independence." If Democrats like her opponent win, she warned, "they get a blank check." The rumbling started before the votes even came in: there was House Financial Services Committee chairman Barney Frank talking about cutting military spending 25% and taxing "a lot of very rich people out there." Amnesty International set a deadline for closing Gitmo; the ACLU wants a complete review of watch lists within 100 days...