February 15, 1989 |
When it comes to accepting campaign money from groups representing financial institutions, Rep. David Dreier (R-La Verne), a member of the House Banking, Finance and Urban Affairs Committee, wants to be fair. So he gives the green light to everybody--banks, savings and loans, credit unions and others.
September 21, 1990 |
Senate Banking Committee Democrats accused Bush Administration officials Thursday of harboring "conflicts of interest" in their management of the escalating savings and loan crisis. Waving copies of a five-year-old lawsuit unearthed by committee staff members, Sen. Timothy Wirth (D-Colo.) asked the official in charge of the S&L cleanup why his agency hired a San Diego accounting firm once sued for negligence in the collapse of San Marino Savings & Loan.
January 7, 1993 |
Two first-year women senators, Dianne Feinstein (D-Calif.) and Carol Moseley Braun (D-Ill.), were selected Wednesday to break the all-male stronghold on the Senate Judiciary Committee. More significant for California, Feinstein was granted her first choice for a seat on the highly coveted Committee on Appropriations. The panel controls the purse strings of the Senate and traditionally steers lucrative federal projects to the home states of its members.
May 20, 2002 |
A battle over accounting industry reform is building in the Senate Banking Committee, which on Tuesday will consider a Democratic plan that restricts consulting work by accounting firms and a rival Republican measure that is backed by the industry. Critics of the accounting industry, which has suffered from a series of scandals after Enron Corp.'s bankruptcy last year, are backing legislation by Sen. Paul S. Sarbanes (D-Md.), chairman of the Senate panel.
November 28, 2001 |
The Senate Banking Committee on Tuesday approved the nominations of bankers Susan Schmidt Bies and Mark Olson to the seven-member Federal Reserve Board, whose most visible job is setting U.S. interest rates. Bies and Olson cleared the committee on a 21-O vote. The panel also cleared California banker James Gilleran to be director of the Office of Thrift Supervision.