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...towering prestige. The only other name seriously considered was that of Economist Alan Greenspan, who professed himself an admirer of Volcker and vowed to continue the Fed Chairman's policies. One after another, Volcker's former critics began urging his reappointment. The last holdout, Presidential Counsellor Edwin Meese, finally came around last week. By then, the only question left was why Reagan was taking so long to announce what had become a foregone conclusion...

Author: /time Magazine | Title: Chairman Volcker Keeps His Job | 6/27/1983 | See Source »

...passengers had disembarked last Wednesday, it was at the center of a diplomatic row between the U.S. and China. In Peking, China's Assistant Foreign Minister summoned the U.S. chargé d'affaires and delivered a formal note of protest. Minutes later, the U.S. economic affairs counsellor was handed an official letter from the Civil Aviation Administration of China (CAAC) detailing retaliatory measures that would be taken against Pan Am, the only U.S. airline with regular flights to Peking...

Author: /time Magazine | Title: China: High Dudgeon | 6/27/1983 | See Source »

After covering the Republican campaign, Barrett was named TIME'S White House correspondent in 1981. Familiarity with the Reagan team certainly did not breed contempt in him; neither did it render him unwilling to make tough judgments. He depicts Presidential Counsellor Edwin Meese as deceitful and ineffectual, Deputy Chief of Staff Michael Deaver as a plodding loyalist, National Security Adviser William Clark as a tough conniver, and Chief of Staff Baker as a game player with few deeply held beliefs...

Author: /time Magazine | Title: Books: Midterm Exam | 6/27/1983 | See Source »

...Volcker. At week's end support was shifting heavily to Volcker. Budget Director David Stock man joined Martin Feldstein, chairman of the Council of Economic Advisers, in backing Volcker. Vice President George Bush and Presidential Advisers Michael Deaver and Jim Baker threw their weight behind Volcker, while Presidential Counsellor Edwin Meese remained opposed to him. At the moment, the decision is in the President's hands...

Author: /time Magazine | Title: Down to the Finish Line | 6/20/1983 | See Source »

...questioned the President's civil rights enforcement record. Anticipating that Congress would soon give the commissioners fixed instead of open terms, effectively freezing them in place for the rest of Reagan's presidency, the White House decided to act. "We wanted our own people," acknowledged White House Counsellor Ed Meese. The nominees, like the commissioners they would replace, are Democrats: Morris B. Abram, former president of Brandeis University and onetime chairman of the United Negro College Fund; John H. Bunzel, senior research fellow at Stanford's Hoover Institution; and Robert A. Destro, assistant law professor at Catholic...

Author: /time Magazine | Title: In Trouble With Blacks | 6/6/1983 | See Source »

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