Word: reappointing
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Dates: during 1980-1989
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...Arab countries was causing Assad to rethink a foreign policy that has been described as "acrobatic nonalignment." But even while courting Moscow's increased attentions, Assad has never been more than a reluctant Soviet suitor. For two years after the treaty's signing, Assad mysteriously failed to reappoint a Syrian Ambassador to Moscow. Following Israel's crushing victories last summer, however, Assad's room for maneuver shrank. Two months ago, Syrian Ambassador Muhammad Ah' Halabi presented his credentials in Moscow. Despite the dramatic increase in Soviet military aid to Syria, foreign analysts are leery...
Will Reagan reappoint Volcker or won't he? Does he really have a choice...
President Reagan has until Aug. 6 to reappoint Volcker to a new term or name a successor. But experts predict that he will probably act sooner, perhaps in early June. Waiting any longer would create great uncertainty in world money markets and not allow time for a smooth transition in case Volcker does not stay. On the other hand, Wall Streeters believe Reagan is unlikely to move before the late-May meeting in Williamsburg, Va., of the leaders of the seven leading industrial powers...
...process of naming the Federal Reserve's boss point out that a President's power is often much less than it appears. William McChesney Martin, for example, had served as chairman longer than anyone else, from 1951 until 1970, when he retired. The last two Presidents to reappoint Martin, Kennedy and Johnson, would have preferred to name their own man to the job, but they stayed with Martin because of pressure from financiers around the world. Moneymen used to quip that Martin was worth his weight in gold because he kept the dollar strong...
...improving economic news provides Reagan with an excellent reason to reappoint Volcker. But in a White House that highly values its chosen team players, Volcker is clearly not a Reagan man. The two men had never met before Reagan became President, and have had only half a dozen meetings since then, never alone...