Word: congressed
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...Treasury about what it’s doing and what it plans to do—and whether either of those are likely to address what’s going wrong,” she said. The panel will present the first stage of its findings to Congress on December 10th. According to Warren, the report will outline “the central questions that Treasury should be addressing as it spends the taxpayers’ money...
Newly elected members of Congress gathered with students and faculty yesterday for a panel that encouraged U.S. leadership in sustaining global health efforts despite a tough economy. The panel entitled “Priorities in Global Health for the Next Congress” was hosted by the Institute of Politics and featured Dean of the Harvard School of Public Health, Dr. Barry R. Bloom as moderator. The panelists included Dr. David E. Bloom, chair of the Department of Population and International Health at HSPH; Dr. Julio J. Frenk, HSPH dean designate; and Dr. Rajeev Venkayya, director of the Global Health...
President-elect Barack Obama's Administration-in-waiting is quietly exploring options for negotiating a bailout of the ailing auto industry when the Democrat takes office in January. While no one is ruling out the possibility that Congress will appropriate money next week, a senior Obama aide told TIME, there is a sense that a comprehensive solution is unlikely to come from whatever legislative action Congress may take before the end of the year...
...Three car companies are focused on getting help from Washington sooner rather than later. Later this week, they return to Capitol Hill to make the case for $34 billion in bridge loans to help their companies rebound from staggering debt loads and enormous losses. Having failed to convince Congress last month, Ford's Alan Mulally, General Motors' Rick Wagoner and Chrysler's Robert Nardelli are scheduled to testify this Thursday and Friday to present detailed plans on how the American automobile industry can survive the current economic woes and even thrive into the future. (See the 50 Worst Cars...
...House Speaker Nancy Pelosi and Senate majority leader Harry Reid said two weeks ago that if the banking committees in both chambers approve the Big Three's recovery plans, they would consider reconvening the full Congress for a vote. But hashing out terms of what would amount to an unofficial Chapter 11 reorganization is highly unusual and unwieldy for Congress, especially one that's a lame duck. The Executive Branch is better built to handle such talks, and the incoming Obama Administration is looking at all options: using money from the $700 billion Wall Street bailout, which many Democrats have...