Word: gramm
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...with his own party leadership. In 1996, he voted against the GOP’s nominee for speaker of the House, citing ethics concerns about then-Rep. Newt Gingrich (R-Ga.).Despite those tensions, Leach helped to push through one of the biggest banking reforms in U.S. history, the Gramm-Leach-Bliley Act of 1999. The legislation allowed banks to affiliate freely with securities and insurance firms and included new privacy regulations for financial institutions.“Jim always had good reasons,” Cox, the SEC chairman, said. “He didn’t always...
...McCain has brought in former Texas Senator Phil Gramm to help with fundraising, and the campaign says they intend to improve the organization of group fundraising, or "bundling," and to hold accountable those responsible for the campaign's finances if they don't deliver. McCain himself wasn't well positioned to respond to the release of the numbers Sunday: he was traveling in Iraq, defending his continued support for the war there...
...what they like with the information unless a customer expressly forbids it.Many private investigators aren't crazy about the bill either. While most support pretexting laws, they would like some wiggle room to track down deadbeat dads, creditors and others trying to shirk the law. For instance the 1999 Gramm-Leach Bliley Act prohibits pretexting specifically to obtain financial information, but it includes an exception for insurance companies investigating fraud to make sure claims are accurate. Private investigators would like a similar exception to help them catch bad actors. "The anti-fraud interests are very strong," said Chris Hoofnagle, senior...
...Those are mere technicalities for the many people who view Ryan as a "political prostitute," as former U.S. Senator Phil Gramm described him while testifying about how Ryan had allegedly pilfered $100,000 when he was the state chair of Gramm's reelection campaign in 1996. Among those sitting in the packed courtroom was the Rev. Duane "Scott" Willis and his wife, Janet, whose six young children were killed in 1994 when the van they were driving on a Wisconsin interstate exploded after a piece of a nearby truck dislodged and pierced its gas tank. When it was later discovered...
...will remove the incentive for illegal immigration by eliminating the job opportunities which draw illegal aliens here," he said. Making it a crime for a company to hire an illegal was seen as such a dramatic step at the time that many worried over the consequences. Phil Gramm, then a Republican Senator from Texas, said the legislation "holds out great peril, peril that employers dealing in good faith could be subject to criminal penalties and in fact go to jail for making a mistake in hiring an illegal alien...