Word: monday
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Bush's Treasury Department unveiled proposed changes in the regulatory scope and power of America's corporate and financial overseers Monday that are beyond anything seen since Roosevelt warned Americans beset by failed banks, food lines and 30% unemployment that they had nothing to fear but fear itself. With today's markets jittery and average homeowners facing increasingly tight times as inflation and mortgage payments rise while home values fall, the Bush Administration is casting itself as a regulatory savior bringing some rationality to a dangerously complex and outdated system...
...Bush's response was not "like pulling a rabbit out of a hat," as White House press secretary Dana Perino put it on Monday. It is actually an adapted version of Treasury Secretary Paulson's year-long effort to recast and consolidate American financial regulation to keep it competitive with foreign markets. It codifies the ad hoc powers of market stabilization the Federal Reserve has used to calm the waters since the collapse of Bear Stearns in March. It establishes an authority with control over financial institutions' behavior but leaves open just how much power it would have to enforce...
...primary voting that same day. With her 51% win of the popular vote, Hillary Clinton won 65 delegates to Barack Obama's 61 in the actual primary. But late Saturday, his campaign declared it had 99 total delegates to Clinton's 94. Clinton's camp disputes that, and by Monday morning it appeared that Obama's lead had shrunk to three delegates...
...early morning nationwide broadcast on radio and television Monday, deputy chief elections officer Utoile Silaigwana declared results for six parliament seats - three for Mugabe's ruling party, three for the opposition. Then he went off the air, saying, "We'll be back with you when we have more results...
...predominantly urban results already in, a sweeping vote for his party, which is led by former trade unionist Morgan Tsvangirai. "We have won this election," said Biti. "The trend is irreversible." He said he was passing on results already posted publicly at local polling stations. Before announcing results Monday morning, the Zimbabwe Electoral Commission, which will collate the vote centrally, has demanded the police arrest those announcing regional results before it announces the national result. "Can you arrest someone because he is just repeating what has already been confirmed to be public information?" asked Biti in response...