Word: frenzel
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...American titans like LTV and Bethlehem Steel went belly up. Many of Europe's former communist bloc governments determinedly sold off their dilapidated, money-losing steel mills. Workers around the globe were bounced out of the devilishly cyclical industry in droves. Even bosses were shying away: in 1998, Michael Frenzel, then chairman of German industrial concern Preussag, became so fed up with the smokestack rollercoaster that he embarked on a program to transform Preussag - now TUI - into a travel firm, selling off the company's steel mills...
Senate Minority Leader Robert Dole had the final say in choosing the remaining four Republicans on the commission: Pete Domenici, the ranking minority member of the Senate Budget Committee; Bill Frenzel, a member of the House Ways and Means Committee; Donald Rumsfeld, who served as Defense Secretary under President Gerald Ford; and Dean Kleckner, president of the American Farm Bureau Federation. The Democratic leaders of the House and Senate chose their own batch of household names: Chrysler Chairman Lee Iacocca; Investment Banker Felix Rohatyn; Lane Kirkland, president of the AFL- CIO; and Robert Strauss, former chairman of the Democratic National...
...commission members say they deserve a chance. Observes Frenzel: "With the inadequate deficit solutions of the past years, it seems that the National Economic Commission is the last line of defense. Perhaps it can achieve some kind of progress. Nothing else has worked...
...veto power over all commission regulations. This would be the first time that any federal regulator had been so controlled. By a lopsided 223 to 147 vote, the House two weeks ago recommended canceling commission plans to force undertakers to disclose their prices fully and in advance. Representative Bill Frenzel of Minnesota suggested that every FTC staff member and all five commissioners "should spend 20 years at hard labor filling in their own asinine forms." The Senate Commerce Committee voted last week to bar the agency's action to regulate television ads aimed at children, to halt an investigation...
...politics went on. Who will fill out the remaining four years of Humphrey's term? Three Minnesota Congressmen-Democrats Donald Fraser and James Oberstar and Republican Bill Frenzel-are gearing up for a special election to be held in November, concurrent with the general election. But Governor Rudy Perpich must appoint a successor to serve between now and November...