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Volcker's term in office was scheduled to end in August, and the question of whether Reagan would reappoint the chairman generated more excitement and suspense than Billy Martin's fate as manager of the New York Yankees. For a while, Presidential Counsellor Edwin Meese and Treasury Secretary Donald Regan urged Reagan to choose his own man to replace Volcker, a Carter appointee. The anti-Volcker group, though, never came up with a serious candidate, and the business community rallied around the chairman because of his record as an inflation fighter. Finally on June 18 the President interrupted...

Author: /time Magazine | Title: Cheers for a Banner Year | 1/2/1984 | See Source »

...budgets are lurching upward. Since April, Congress has appropriated $140 million in special aid. New York City's expenditures on its 60,000 homeless people more than doubled this year, to $135 million. Officials at all levels seem to be scrambling to address-or dismiss-the problem. Presidential Counsellor Edwin Meese caused a furor last week by dubiously claiming that "people go to soup kitchens because the food is free and that's easier than paying for it." In San Francisco, declares Deputy Mayor Bo-tea Gilford, the homeless are "the most difficult problem we have ever faced...

Author: /time Magazine | Title: Left Out in the Cold | 12/19/1983 | See Source »

...denying the baseball commission story. In the past, Baker tried hard to squelch rumors that he would run for a Senate seat. However, he did covet William Clark's post as National Security Adviser, and had persuaded Reagan to appoint him as Clark's successor until Presidential Counsellor Ed Meese and other hard-liners sabotaged his bid. His pique and frustration may have made him receptive to job offers. "The fact that Baker has not knocked this story down with a baseball bat," says one associate, "shows that it's still a possibility." For their part...

Author: /time Magazine | Title: Hardball | 12/19/1983 | See Source »

...Cabinet for up to two hours each. But there is no evidence that polygraph tests have yet been used. Secretary of State George Shultz was among those who let the White House know that he would resign before allowing himself to be strapped to such a machine. Presidential Counsellor Edwin Meese last week stressed that the leak could have jeopardized McFarlane's life in the volatile Middle East. But some aides suggested that the probe was part of the protracted power struggle between Baker and Clark, who is now the Interior Secretary. Said one Administration official: "It was total...

Author: /time Magazine | Title: Loose Lips: Reagan Seeks to Trace a Leak | 12/5/1983 | See Source »

...they wanted to oust her from the U.N. post. When Clark called to say that McFarlane would be appointed, he told Kirkpatrick that she had three alternatives: becoming the Deputy National Security Adviser, taking over the Agency for International Development, or coming into the White House as a Presidential Counsellor, a title now held only by Edwin Meese. She quickly rejected these options, feeling that without a base of power she would be easily bypassed by Shultz and McFarlane...

Author: /time Magazine | Title: Feelings of Hurt and Betrayal | 10/31/1983 | See Source »

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