Carter urges change in Fed chairman control
Former Georgia governor Jimmy Carter urged tighter presidential oversight of the Federal Reserve Board. He proposed the chairman serve a four year term and consult more with the president and Congress while keeping board independence. Carter spoke to AFL-CIO leaders who back Democratic efforts in November. He argued policy coherence will curb inflation and lay out steady economic goals. Meany condemned veto driven government and called for decisive leadership.
MENTIONED IN THIS ARTICLE
Washington
Jimmy Carter
Afl-Cio
Federal Reserve Board
Carter
Nixon
Ford
Georgia
Ote Meany
Organized Labor
White House
Meany
Labor
Hile
Congress
Federal Reserve
U.S
Commerce Department
Bank Board
Actin
Garth Marston
Sai
Arthur Burns
United Steelworkers
I.W. Abel
Landlord Seen as Villain in Medicaid Probe
Senate investigators say much of Medicaid funds funnel to landlords via fee splitting with physicians. The subcommittee found abusive arrangements where doctors work on commission for landlords, diverting money from care.
MENTIONED IN THIS ARTICLE
Landlord
Washington
Senate
Senate Subcommittee
Senate Committee On
Frank E. Moss
Utah
Val J. Halamandaris
Subcommittee
Congress
Public utility commissions faulted for secrecy and weak discloses
A Common Cause report finds 31 of 50 states plus DC fail to meet open meeting and lobbying disclosure standards. Maine New Hampshire Vermont and Rhode Island cited. five states require log of meetings with regulated firms and eight require lobbyist expense reporting.
MENTIONED IN THIS ARTICLE
Kansas City
Common Cause
Citizens Lobby
Maine
New Hampshire
Vermont
Rhode Island
District of Columbia
David Cohen
Public Utilities Commission
Howard Cunningham
PUC
Publc
Debaters Clash Over Great Debates Plans
Washington AP Carter says televised debates are nearly arranged with three 75 minute sessions planned for September. Ford spokesman Ron Nessen counters there is no agreement and talks remain secret. Carter also urges AFL CIO leaders for presidential control over the Federal Reserve chairman.
MENTIONED IN THIS ARTICLE
Washington
Jimmy Carter
Ford
Federal Election Commission
League of Women Voters
Carter
Ron Nessen
Nessen
Savings deposits boost mortgage lending in thrift sector
Savings and loan associations saw deposits outpace withdrawals by 3.3 billion dollars in July, a monthly record that should ease mortgage funds. Mortgage lending dipped to 7.6 billion while outstanding commitments slipped to 16.1 billion, yet board officials call July results substantial and seasonally typical.
MENTIONED IN THIS ARTICLE
Washington
Savings
Federal Home Loan Bank Board
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Annette Brooks
Cleveland
UPI
FED
Pucs
Feehan
Cunningham
John Feehan
Central Maine Power Co
Commission
Conference of State Legislatures
the Prize
Didates
Eich’s
Points Shopping
Biddeford Me
New England
N.H
Common Street
Pepperell Square
Saco
Ion
Las Vegas
USW
U.S. Steel Corp
General Motors
Ford Motor Co
United Auto Workers
Reilly’s Bakery
Main Street
Biddeford
Electrolux
J. Durfee
Melvin Ave
C.C.B
Exersole
Thom McAn
Colonial
Kennebunk
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