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...Volcker might be tempted to move on if he sees his control of the Federal Reserve increasingly challenged. Last week the Reagan Administration announced the nomination to the Fed board of two conservatives who might diminish his policy clout. As expected, the President chose Manuel Johnson, 36, an Assistant Treasury Secretary and supply-side advocate, and Wayne Angell, 55, a Kansas banker, economist and farmer, to fill vacancies on the seven-member board. Their selection, coupled with two earlier Reagan appointments, will produce a majority of the board less likely to toe the Volcker line on monetary policy...

Author: /time Magazine | Title: Job Shuffle Ahead? | 10/21/1985 | See Source »

...same time, the President flatly threatened to "veto measures that I believe will . . . diminish international trade." In essence, he was trying to deliver a message to Congress that might be paraphrased this way: Yes, I know we are in deep trouble on international trade. But this is a matter for painstaking, case-by-case negotiation with nations that we want to retain as friends and allies. Don't tie my hands, and above all don't take a chance on starting a global trade war, by enacting sweeping restrictions on U.S. imports...

Author: /time Magazine | Title: The Battle Over Barriers | 10/7/1985 | See Source »

Last Sunday family and friends visited Ike's grave to honor him with a traditional memorial service. The ceremony was supposed to mark the end of the mourning period, but for some, the grief will never diminish. And for others, grief lies waiting somewhere down the road, around the next bend, just past that last six-pack...

Author: By David S. Hilzenrath, | Title: The Last Road Trip | 8/16/1985 | See Source »

...immigration laws in 1965. Last year alone, more Asian immigrants came to the U.S. -- 282,000 -- than in the three decades from 1931 to 1960. More than half settled in California, which has the nation's largest Asian population (64%). The torrent of new arrivals is not likely to diminish in the foreseeable future: about 1 million other Asians have already applied and received preliminary clearance to come to America. By the year 2010, the Asian population in the U.S. is expected to more than double...

Author: /time Magazine | Title: Asians to America with Skills | 7/8/1985 | See Source »

...that selling stock in a company amounts to punishing that company and does something to diminish its involvement there...

Author: By Jeffrey A. Zucker, | Title: Hand-Washing | 6/6/1985 | See Source »

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