Word: reed
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...Early last year, Democratic Congressman Barney Frank of Massachusetts saw the opposing trends and wanted to add an extra $30 million to the kitty, while Sen. Jack Reed, a Rhode Island Democrat, and other Senators wanted to ante up another $50 million. This year, the House approved an SEC budget of $928 million, while the Senate approved $938 million, a 2% to 3% increase, which is greater than the 1% hike former chairman Christopher Cox requested from the 2008 budget of $906 million. The final budget, part of the government's "Continuing Resolutions," has yet to be approved...
...from 1967 to 1984, Wriston changed the y in City to an i. After years of success, though, he left the bank with billions in bad loans to Latin America. Only profits generated by the U.S. retail-banking and credit-card juggernaut built by Wriston's protégé John Reed--combined with a certain amount of forbearance by bank regulators and a lot of cash from Saudi Arabia--enabled Citi to survive. Reed then agreed to a 1998 merger with Travelers Group, which necessitated congressional repeal of the Glass-Steagall Act and established Citigroup as the greatest financial supermarket...
...conservative thinkers at George Will's suburban Maryland home. He rubbed elbows with his former colleagues on Capitol Hill, grabbed a bite at Ben's Chili Bowl and took a late-night tour of the Lincoln Memorial. He also paid quiet visits to both Arlington National Cemetery and Walter Reed Army Medical Center...
...Barack Obama found time to perform a couple of quiet salutes to an important constituency. On Sunday morning, he and Vice President-elect Joe Biden placed a wreath at the Tomb of the Unknown Soldier in Arlington National Cemetery. On Monday morning, the President-elect slipped over to Walter Reed Army Medical Center for an unannounced visit with troops wounded in Afghanistan and Iraq. Much of the country may have missed those brief visits, but the men and women of the U.S. military didn...
...occasions themselves were muted. Obama said nothing publicly at Arlington, and cameras were barred during his Walter Reed visit. But the symbolism is more important than anything Obama could have said. He's gone out of his way to win the hearts and minds - if not the votes - of those wearing the uniforms of the nation's armed services. (See pictures of Obama taken or illustrated by everyday Americans...