Word: departmentalized
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The COP was set up last fall as part of legislation that gave the Treasury Department permission to spend $700 billion to rescue the nation's ailing financial system. The panel, which is headed by Harvard Law professor Elizabeth Warren, has no legislative or official regulatory powers. It is supposed...
What is clear from the hearing is that commercial real estate could turn out to be a much bigger problem for banks and the economy than the Treasury Department, the Federal Reserve and other bank regulators seem to believe. "The question is, What percentage of commercial real estate loans will...
Advocates also note that the drug, which has been used for decades in emergency rooms and ambulances, is safe. Naloxone reverses a high by blocking the brain's opioid receptors, where drugs like heroin and narcotic painkillers bind. According to Daliah Heller, an assistant commissioner of the New York City...
If Pyongyang has, in the past, made a habit of annoying China, its only ostensible ally in the world, what must Beijing be thinking now? For most of the past six years, Beijing has been the host and chief promoter of the so-called six-party talks. Their explicit goal...
But while Pyongyang and Beijing have never been as close as the propaganda would have it, the two countries do have shared interests. It's how much weight to give those interests, relative to the costs of supporting Pyongyang internationally, that vexes Beijing's leadership. Just as there have been...