Bernanke Charts Independent Path for Fed Chair Role
Nominee Ben Bernanke signaled he will maintain Greenspan era policies while asserting firm independence from political pressure. He argued monetary policy cannot solve energy issues but supports targeting inflation to guide wage and price decisions, a stance differing from Greenspan on explicit targets.
MENTIONED IN THIS ARTICLE
Fed
Alan Greenspan
Bernanke
Princeton University
White House Council of Economic Advisers
Senate
Greenspan
Supreme Court Nominee Alito Faces Old Abortion Claim
Supreme Court nominee Samuel Alito defended an old 1985 statement arguing abortion is not protected by the Constitution while acknowledging his advocacy to join the Reagan administration. Democrats pressed him on past positions as conservatives warn he may tilt the Court right.
MENTIONED IN THIS ARTICLE
Washington
Samuel Alito
Alito
Supreme Court
Democrats
Stephen G. Peroutka
National
Pro-Life Action Center
Bush
Sandra Day O’connor
White House
Harriet Miers
John Roberts
U.S. Circuit Court of Appeals
Capitol Hill
Solicitor General’s Office
Bush Social Security plan laid to rest in Senate remarks
Senate members spoke sparsely at burial services for President Bushs plan to remake Social Security with personal accounts. Sen. Rick Santorum warned of partisan obstruction while Sen. Max Baucus called the move political theater as Congress shows little prospect of action before the 2006 elections.
MENTIONED IN THIS ARTICLE
Washington
Senate
Bush
Rick Santorum
R-Pa
Max Baucus
D-Mont
Congress
Chuck Grassley
Iowa
Senate Finance Committee
Annan reverses firing in oil-for-food probe
United Nations Secretary General Kofi Annan overturned his decision to dismiss Joseph Stephanides amid the Iraq oil-for-food scandal. The appeals panel had urged reinstatement, an apology, and about 200000 dollars in back pay, but Annan instead offered retirement with four months' salary and a written censure.
MENTIONED IN THIS ARTICLE
United Nations
U.N
Kofi Annan
Iraq
Annan
Middle East
Joseph Stephanides
Stephanides
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Knight Ridder
Ben Bernanke
Federal Reserve
Senate Banking Committee
Wall Street
U.S
Samuel Alito Supreme Court
Tion
U.S. Cellular
Cedar Rapids
Uscellular.com
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