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...FEDERICO PENA For a change of pace, a Clinton official is cleared of charges...

Author: /time Magazine | Title: Winners & Losers: Mar. 27, 1995 | 3/27/1995 | See Source »

...Justice Department inquiry into Transportation Secretary Federico Pena's dealings with his former firm turned up no credible evidence that he broke federal laws, Attorney General Janet Reno announced today. Prosecutors had been investigating Pena's role in awarding a Los Angeles transit system contract to his former management company. The independent counsel law, which gives the Justice Department 30 days to conduct such an inquiry, gave Reno until Friday to determine whether to seek an outside attorney to investigate Pena; today's ruling means she will not. On Tuesday, she sought an independent counsel to determine whether Housing Secretary...

Author: /time Magazine | Title: PENA OFF THE HOOK | 3/16/1995 | See Source »

...mistress. TIME White House correspondent James Carney says Cisneros, who had indicated his intention to resign if a counsel were appointed, apparently changed his mind after a long session with President Clinton, who is already weighed down with financial investigations of Commerce Secretary Ron Brown and Transportation Secretary Federico Pena. "Clinton feels strongly that Cisneros has been a good HUD secretary," says Carney. "And given all the problems that the president's been facing with his existing secretaries, the last thing he needs is another spot to fill in the Cabinet...

Author: /time Magazine | Title: CISNEROS WON'T GO | 3/14/1995 | See Source »

...Justice Department said today it is mulling whether to appoint an independent counsel to investigate Transportation Secretary Federico Pena for his role in awarding a Los Angeles transit system contract to his former management company. Pena would be the fourth member of President Clinton's cabinet to face inquiries into allegations of financial improprieties. Former Agriculture Secretary Mike Espy, HUD's Henry Cisneros and Ron Brown at Commerce are facing other probes concerning possible financial conflicts. Justice has 30 days to decide whether to appoint an independent counsel...

Author: /time Magazine | Title: PENA UNDER SCRUTINY | 3/1/1995 | See Source »

Transportation Secretary Federico Pena got out the budget shears today and proposed deep cuts in his federal department that will save $6.4 billion over five years. Pena proposed collapsing 10 DOT divisions into three, reducing staff 12 percent by 1999 and privatizing several key functions. Under the plan, most of the department would be consolidated into an Intermodal Transportation Administration, which would assume the functions of highway, railway and other transit offices. Air traffic control would handled by a quasi-independent body outside the Department. Legal and accounting duplication would be eliminated. Pena will send a detailed plan by March...

Author: /time Magazine | Title: NO PENA, NO GAIN | 2/2/1995 | See Source »

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