March 20, 1987 |
Dozens of political action committees that contributed to Republican incumbents during seven of last year's Senate races gave money after the election to the Democratic winners, a Common Cause study showed Thursday. Fred Wertheimer, president of Common Cause, said the study "vividly illustrates how special interest PAC contributions are used to buy influence in Congress."
February 1, 1985 |
Paul Kirk, a former senior aide to Sen. Edward M. Kennedy (D-Mass.), was elected on the first ballot today to serve as national Democratic Party chairman. Kirk, party treasurer for two years, received 203.07 votes to former North Carolina Gov. Terry Sanford's 150.93. Sanford failed in his bid for solid support in the South, with such states as Mississippi and Kentucky going to Kirk.
August 7, 1987 |
The U.S. economy has benefited from corporations absorbing other companies through hostile takeovers, despite complaints that the mergers cause companies to break up and throw people out of work, the Federal Trade Commission chairman told Congress on Thursday.
CALIFORNIA | LOCAL
August 7, 1991
Claiming frustration over the glacial pace of the Senate Ethics Committee's deliberations in the "Keating Five" case, Sen. Jesse Helms has made public what he implied was the panel's long-awaited final confidential report on the matter. The North Carolina Republican's professed impatience is not without merit.
July 18, 1991 |
Members of Congress expressed shock and anger Wednesday over news that the budget deficit is likely to be almost $70 billion larger than was estimated in February, but indicated that they are unlikely to unravel the deficit-reduction accord reached with the White House last fall. At hearings of both the House and Senate budget committees, lawmakers criticized Richard G. Darman, director of the White House Office of Management and Budget, for miscalculating the deficit.
February 16, 1988 |
--The secret to staying young, says former Pennsylvania governor and one-time presidential aspirant William W. Scranton, is to mingle with them. So the 70-year-old Scranton will abdicate from 17 corporate boards, where he has been serving since leaving public office, to take his seat in the classroom at the University of Scranton, in the Pennsylvania city bearing his family's name.
March 3, 1988 |
The Senate Banking Committee on Wednesday approved a bill granting banks broad new securities powers but limiting their ability to expand into the insurance business. The 18-2 vote late in the evening came after two days of wrangling behind closed doors among senators advancing the competing interests of banks, securities firms and insurance companies. "I held you up for two days," acknowledged Sen. Christopher Dodd, a Democrat from Connecticut, where insurance companies are important employers.
October 8, 1986 |
President Reagan, hitting all the right buttons on a pre-summit political foray into North Carolina, today talked up tobacco, textiles and taxes and praised senior Sen. Jesse Helms as "an individual whose very name causes liberals to break out in a nervous rash, a friend of mine, and a champion of our cause." Campaigning for Sen. James T. Broyhill here, Reagan also called Broyhill's opponent, former Gov. Terry Sanford, "a willing accomplice" in what he said was a Democratic plan to raise taxes.
October 9, 1986 |
President Reagan loosed rousing attacks on "lighter-than-air" liberalism Wednesday as he campaigned in two Southern battlegrounds crucial to continued Republican control of the Senate. At rallies here and in Atlanta on the eve of his departure for Iceland to meet with Soviet leader Mikhail S. Gorbachev, Reagan raised money and lent rhetorical firepower to the candidacies of GOP Sens. James T. Broyhill of North Carolina and Mack Mattingly of Georgia.
July 23, 1987 |
David S. Ruder, the Reagan Administration's choice to be the new chairman of the Securities and Exchange Commission, got a skeptical hearing Wednesday from a Senate committee that is pushing for new legislation to limit hostile corporate takeovers--legislation that Ruder said would be largely unnecessary.