Reagan Blames Federal Reserve for High Interest Rates
The Reagan administration faulted the Federal Reserve Board for persistent high rates as Treasury Secretary Regan reasserted blame after months of tension. Critics counter that Reaganomics with tax cuts, defense spending, and deficits drives the policy, while rates stay tight ahead of the elections.
MENTIONED IN THIS ARTICLE
Federal Reserve
Washington
Reagan
Federal Rerve Board
Treasury
Donald T. Regan
Central Bank
Congress
Regan
Florida ERA vote doubts national ratification by deadline
The Florida Senate rejected the Equal Rights Amendment 22 to 16 keeping the nation short of the required three more states for ratification by the June 30 deadline. Pro ERA supporters vow to field candidates and reintroduce the amendment, while voters vow to oust lawmakers in November.
MENTIONED IN THIS ARTICLE
Florida
Sen
Alan Cranston
D-Calif
Florida Senate
Donovan Vents Anger At Critics Over Labor Secretary Post
Washington AP Raymond J Donovan angrily defends his job as labor secretary amid accusations of ties to organized crime. He vows to respond after a pending report by special prosecutor Leon Silverman. White House aides weigh options but Reagan shows support and urges patience.
MENTIONED IN THIS ARTICLE
Washington
Raymond J. Donovan
Donovan
Leon Silverman
Silverman
New York
Reagan
White House
Larry Speakes
Countdown set for Columbia final test flight
The five day countdown begins as shuttle Columbia readies for its final test flight from Pad 39A. Ken Mattingly and Henry Hartsfield will conduct tests and perform military experiments for a Defense Department payload. The mission ends July 4 at Edwards AFB with no photos allowed of the payload.
MENTIONED IN THIS ARTICLE
Cape Canaveral
Fla
Columbia
Ken Mattingly
Henry Hartsfield
U.S
Ments
Defense Department
Edwards Air Force Base
California
Air Force
Peg Bowman
Pentagon
Space Command
FCC May Cut Out Local Stations On DBS Push
The FCC moves toward direct satellite broadcasts that bypass local stations and cable. It could grant conditional CBS system approvals this week while awaiting 1983 international spectrum decisions, with DBS service possibly starting by 1985 or 1986.
MENTIONED IN THIS ARTICLE
Washington
Federal Communications Commission
DBS
Sater Broadcasting
FCC
CBS
United States
Commission
Hinckley Begins Life Of Confinement After Insanity Verdict
John W. Hinckley Jr., found not guilty by reason of insanity for the Reagan shooting, begins confinement at St. Elizabeths Hospital. The verdict spared him from prison sentences on all five counts, with hearings planned to determine future status.
MENTIONED IN THIS ARTICLE
Washington
John W. Hinckley Jr
United States
Hinckley Cied
Barrington D. Parker
Parker
Hinckley
St. Elizabeths Mental Hospital
Virginia Smith
Ronald Reagan
Hinckley Found Not Guilty by Reason of Insanity
The judge reads a verdict of not guilty by reason of insanity on all counts against John Hinckley. His parents sob as Hinckley, 27, is spared life in prison and led from the courtroom amid the Reagan assassination case notes.
MENTIONED IN THIS ARTICLE
Wonanavy
John Hinckley
U.S
Barrington D. Parker
JoAnn Hinckley
John Sr
Vincent J. Fuller
Hinckleys
Fuller
Insanity Defense Faces Backlash After Hinckley Verdict
AP reports the Hinckley verdict sparks congressional push to redefine insanity pleas. Senator Pressler decries the outcome and supports bills for reform including a possible guilty but insane option. The debate cites 1835 Jackson assassination as historical precedent. Idaho to bar insanity defense by July 1.
MENTIONED IN THIS ARTICLE
Washington
John W. Hinckley Jr
Hinckley
Larry Pressler
R-S.d
Pressler
Richard Lawrence
Andrew Jackson
Capitol
Thomas Goldman
Goldman
Wdvm-Tv
Congress
Idaho
Hinckley Parents Walk To Federal Court After Not Guilty Verdict
John W. Hinckley and JoAnn Hinckley walk to a Washington federal courthouse following the jury verdict that their son John W. Hinckley Jr. was not guilty in the Reagan assassination attempt. The scene captures a pivotal moment after the verdict in the high profile case.
MENTIONED IN THIS ARTICLE
Hinckley
John W. Hinckley
JoAnn
Federal Court
Washington
Reagan
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