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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Aug 29, 1990
Page
5
New Jersey's top court defies national drift, asserting bold rulings that emphasize state constitutional guarantees. Experts note activist stances on education funding, police searches, abortion rights, surrogate motherhood, and housing, shaping other states’ courts and challenging federal precedents.
Washington AP report notes Federal Reserve survey shows banks have continued to tighten lending standards in the last three months amid a weaker economy and industry problems. Domestic banks indicate tighter terms for non merger related business loans, especially affecting medium sized firms and also impacting small and large businesses.
Supreme Court nominee David H. Souter cannot be confirmed by October 1, even if hearings proceed smoothly. The timing implies the court will begin the 1990 91 term with one vacancy, marking the third time in 20 years. A Judiciary aide notes the earliest committee vote could be Sept. 27, with full Senate action the week of Oct. 1 or Oct. 8. Diana Huffman declined to speculate on timing.
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