Word: wyden
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Dates: during 1990-1999
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...Rodham Clinton appeared last Thursday to be taking it easy. Her office announced that she had only one meeting planned -- with five female Senators to discuss health care. What her aides neglected to mention, however, was that before that session Hillary had a 45-minute chat with Representative Ron Wyden about the "core benefits" package that Oregon law guarantees its eligible residents. Then came an hourlong chat with Senator Jay Rockefeller, Representative Sonny Montgomery and others about how best to integrate the nation's $14 billion veterans' hospital system into a new national health-care framework. Next she tackled some...
Many lawmakers want to change that practice. Democratic Congressman Ron Wyden of Oregon wants to force accountants to blow the whistle on lawbreaking clients. In 1990 Wyden introduced legislation that would have required auditors to report to the SEC any client found engaging in fraud. Though it passed the House, the bill failed to clear the Senate. Says Wyden, who plans to try again this year: "They're called certified 'public' accountants because they're accountable to the public. But accountants are not living up to their public duty. If they find wrongdoing, they have an obligation to come forward...
...Wyden and others lay a large part of the blame for the S&L crisis at the door of the accounting profession. "Accountants didn't cause the S&L crisis," says Wyden. "But they could have saved taxpayers a lot of money if they did their jobs properly and set off enough warning alarms for regulators...
Criticism has centered instead on the sweetheart nature of the deal. Says Oregon Congressman Ron Wyden: "I don't know of any other instance when the Federal Government has given any one drug company exclusive control over a species." The monopoly extends to marketing as well, since taxol is covered by an orphan-drug law that gives one company the right to sell the product...
...choice advocates hope that Congress will step forward and strike down the 1988 regulations. Earlier this year, Congressmen Wyden of Oregon and John Porter, an Illinois Republican, introduced legislation designed to do just that. Prospects for their bill were enhanced by the House's passage last week of a defense-spending package that would allow U.S. servicewomen to obtain abortions in overseas military hospitals at their own expense. But even if Congress did pass the Wyden-Porter bill, it would face an almost certain Bush veto and another protracted political battle that would promise to carry into the 1992 elections...