Word: oversights
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...Board of Directors of Freddie Mac, which I anticipate doing in September, consider a couple of other corporate board opportunities, and return to Harvard a bit sooner,” he said in an NASD press release. Mary Schapiro, the president of NASD’s regulatory policy and oversight division, will assume Glauber’s post as CEO. According to the HLS website, Glauber will be co-teaching a course titled “Capital Market Regulation” with Nomura Professor of International Financial Systems Hal S. Scott in spring 2007. Glauber, who spent his undergraduate years...
...chair until UC elections in the fall, Petersen is spearheading UC work this summer. UC President John S. Haddock ’07 and Vice-President Annie R. Riley ’07, who have summer internships, have been “providing oversight,” according to Petersen...
...much a sign of White House desperation as anything. In the final, face-to-face negotiations between President Bush and Pennsylvania Republican Senator Arlen Specter on Tuesday for oversight of Bush's controversial domestic eavesdropping program, the President made one final attempt to retain near-absolute wartime powers. The White House had argued throughout the months of staff-level negotiations that Bush needed explicit acknowledgement of his wartime powers in the Specter bill at the heart of the deal. Once again, Specter rejected it, as his staff had from the start - and Bush capitulated...
...Specter, chairman of the Senate Judiciary committee, took it upon himself to reassert some limited congressional and judicial oversight of the President's wartime powers. In talks with the Justice Department, the White House and the NSA , his staff pushed to have the program's constitutionality reviewed by the same secretive court, established by the Foreign Intelligence Surveillance Act (FISA) Congress passed in the 1970s, that is charged with approving warrants for domestic wiretapping - the same court, in fact, that the Administration had bypassed when it conducted eavesdropping without obtaining warrants...
...wake of that ruling, the White House is scrambling to find a way to retain some of the powers it once claimed absolutely - which explains the timing of the agreement with Specter. Signing on to his deal was an attempt by the White House to limit just how much oversight it would have to agree to. It was, in other words, the best deal the White House was likely...