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...South Carolina, this morning attacked Clinton's $40 billon loan guarantee proposal as a "billionaires' bailout," saying Mexico is unlikely to pay it back. "Let's cut out this nonsense of trying to hoodwink the American people," Hollings told the Senate Foreign Affairs Committee, where Chairman Jesse Helms (R-N.C.) ignored GOP leaders more sympathetic to the plan by giving its opponents a daylong public forum to gripe. Treasury Secretary Robert Rubin touted the IMF loan -- largest in the organization's 51-year history -- as the international community's vote of confidence on Mexico's ability to recover...
Congress lost Harvard graduates from both sides of the aisle. Rep. Amory Houghton Jr. '50 (R-N.Y.) said he has seen his circle of alumni decrease in the last few years; his acquaintances from Harvard include two representatives who recently departed the House, Bill Green '50 and Hamilton Fish...
...Americans think Congress should skip hearings on the Whitewater affair -- even though many believe President Clinton probably cut ethical corners, according to a CNN/USA Today Gallup poll released Thursday. Despite a 56 to 41 percent majority against staging hearings -- which incoming Senate Banking Committee chairman Sen. Alfonse D'Amato (R-N.Y.) has threatened to -- the poll found a plurality of the 1,016 respondents (46 percent) thought Clinton had behaved unethically but not illegally in his dealings with an Arakansas thrift. Why keep the Senate gavels in the drawer? Two-thirds said hearings would simply be a political attempt...
Incoming foreign relations committee chairman Sen. Jesse Helms (R-N.C.) -- the subject of a recent firestorm over interviews he's given about President Clinton's performance -- today used his recent high media profile to bash the press. He may have been apologetic after his recent remark that President Clinton "better have a bodyguard" if he visits North Carolina, but now that the smoke's cleared, he's blaming the media for the rhetorical debacle. "It was never a threat and everybody knew that," a reinvigorated Helms told reporters during a home state visit. He aimed his next shot...
After telling a reporter that President Clinton "better have a bodyguard" if he plans to visit North Carolina military bases, Sen. Jesse Helms (R-N.C.) today expressed regret -- without apologizing -- for the remarks. "President Clinton will of course be welcomed by me and other citizens of North Carolina . . . anytime he chooses to visit us," Helms said in today's statement. But in an interview that took place Monday -- just as the flap hit over Helms' comments about Clinton's not being up to commander-in-chief duties -- and was published today in the Raleigh News & Observer, Helms said that...