Word: repeals
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...passage of a bill that makes it harder for investors to sue fraudulent brokers. (His closest aide, Michael Kinsella, is a former lobbyist for the Securities Industry Association and an active fund raiser.) And he is pushing ahead with the most sweeping bank-deregulation package in history, the repeal of the 1933 Glass-Steagall Act, which forbids mergers between banks and securities firms. D'Amato's reform would throw open the doors to mergers between banks and companies from nonfinancial industries as well. Critics say that could lead to bank failures and federal bailouts. But the bill won't come...
Baseball's 73-year-old exemption from federal antitrust legislation was placed in jeopardy when the Senate Judiciary Committee voted 9 to 8 on a bill to repeal it. The baseball players' union says the measure, which still requires the approval of both houses, would force owners to bargain in good faith by allowing players the lawsuit option currently available in other professional sports...
...particular." Asked about the letter today, Clinton happily riffed through his police-friendly accomplishments (the Brady bill, the assault weapons ban) and again called for a ban on armor-piercing "cop-killer" bullets. To Republicans, Clinton said: "If you do succumb to the political pressures from extremist groups to repeal any of these measures, I will veto them in a heartbeat...
...took some doing. The repeal of affirmative action was opposed by the president of the university system, the chancellors of all nine campuses and many faculty and student leaders. But the regents, 18 of whom were appointed by Wilson or previous Republican Governors, were influenced by months of lobbying by the Governor. They also enjoyed political cover: a leader of the rollback effort was one of the board's three black members, Ward Connerly, a Wilson appointee. ''We are turning down Asians and whites with 4.0 averages to take in blacks and Chicanos with 2.8,'' says Connerly...
President Clinton, who only months ago had rushed to accommodate Republican plans to repeal federal affirmative-action programs, now suddenly seems ready to turn and fight. On the eve of what the White House has billed as a defining presidential speech on the issue, Assistant Attorney General for Civil Rights Deval Patrick announced that Clinton would not "be intimidated" by aSupreme Court rulingthat jeopardizes programs that award federal contracts to minority businesses. "The Administration, through the president's speech, is making clear that we favoraffirmative actionwithout hype, without fear and without apology," Patrick said during a minority business summit...