Harris Fireproof in Battle Over Fannie Mae
Washington reports a White House stand off with HUD Secretary Patricia Harris over Fannie Mae board integration and potential ouster of chairman Oakley Hunter. The clash reflects a rift between Carter aides favoring restrained government and Harris backed by civil servants seeking liberal domestic policy.
MENTIONED IN THIS ARTICLE
Field Enterprises Inc
Washington
White House
Patricia Roberts Harris
Secretary of Housing and Urban Development
HUD
Harris
Federal National Mortgage Assn
Fannie Mae
Uncle Sam
Jimmy Carter
Pat Harris
Carter
Hunter
Robert Strauss
Mr. Fixit
Orin Kramer
Benedict Arnold
Marston
Kramer
Mrs. Harris
Lyndon Johnson
Office of Management and Budget
OMB
Organized Labor
Congress
Oakley Hunter
Bert’s Friends: Lance affair and foreign cash in Shenandoah Valley
The piece questions why Bert Lance and Arab investors pursued a FG bank takeover, with a $15 per share public offer and required compensation for early holders. It notes SEC consent decree limits, the OMB link, and potential impact on Carter's administration while highlighting rising external investment interest in the region.
MENTIONED IN THIS ARTICLE
Bert Lance
Financial General Bankshares
Shenandoah Valley National Bank
Round Hill
Leesburg
Harrisonburg
Lexington
Mr. Lance
Georgia
Lance
Securities and Exchange Commission
U.S. Senate
Office of Management and Budget
OMB
Justice Department
International Finance
Abu Dhabi
Shenandoah Valley
SEC
Uncertain Ending To Long Coal Miner Strike Ends
The United Mine Workers ratified a new contract with coal operators, ending the 109 day walkout. Costs linger with a 1978 electric rate surcharge for Potomac Edison customers, Virginia taxpayers shoulder security and food stamp bills, and state police salaries, as union mood stays unhappy and wildcat strikes remain possible.
MENTIONED IN THIS ARTICLE
United Mine Workers
Potomac Edison Co
Virginia
Department of Agriculture
Appalachia
Nuclear export law faces split as Carter signs bill
Congressional debate over the three year campaign centered on restraining proliferation risks while preserving fuel exports. President Carter said the law imposes rigid constraints to block explosive capability, while supporters warn suppliers will seek alternatives.
MENTIONED IN THIS ARTICLE
Congressional Quarterly
Washington
Congress
Executive Branch
Carter
Nuclear Club
U.S
Sen. Baker
Brazil
West Germany
United States
Baker
Charles H. Percey
India
Percy
Glenn Steered Nuclear Safeguards Legislation
Senator Glenn built on his military and astronaut background to push tighter controls on export of nuclear plants and fuels. As chair of the Senate subcommittee on nuclear proliferation he led testimony reviews and helped steer the bill through the Senate in February, arguing safeguards are essential despite business critics.
MENTIONED IN THIS ARTICLE
Congress
Senate
John Glenn
Ohio
Glenn
Howard H. Baker Jr
R-Tenn
U.S
Washington
Japan
James A. McClure
Idaho
Congressional Quarterly
Ohio Democrat
Charles H. Percey
Ill
Nixon Wanted Connally for Vice President in 1972 and 1973
Harry Dent, Nixon aide, says the former president eyed John Connally as his running mate in 1972 and again in 1973 but feared the political firestorm. Dent’s memoir, The Prodigal South Returns to Power, details Nixon’s hopes, Agnew’s resistance, and the eventual selection of Gerald Ford after Agnew’s resignation.
MENTIONED IN THIS ARTICLE
United States Press Inc
Washington
Richard M. Nixon
White House
Harry S. Dent
John B. Connally
Dent
Nixon
Spiro T. Agnew
Connally
Texas
Treasury
Agnew
George McGovern
House
Gerald Ford
Fred Buzhardt Jr
South Carolina
Strom Thurmond
Ford
Buzhardt
Camp David
Maryland
Columbia
Also Mentioned on This Page
Ees Drake
Evans
Novak
Winchester Evening Star
Bert
Lance Group
By Pat Towell
Sen
By Frank van der Linden
Steve Bull
Bull
H. R. Haldeman
van der Linden
Roy E. Potts III
Lewis H. Ebert
Eugene P. Miller
Edward P. Offley
Winchester Evening Star Inc
Kent St
Winchester
Thomas T. Byrd
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