Lloyd Bentsen, horse for a course

Article Abstract:

President-elect Clinton's nomination of Senator Lloyd Bentsen for Treasury Secretary has been well-received by both political and business leaders. The financial community is optimistic because Bentsen has the clout in Congress to get growth-oriented policies passed.

Officials and employees, Appointments, resignations and dismissals, Cabinet officers, Cabinet officials, United States. Department of the Treasury, Bentsen, Lloyd

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The ups and downs of the minimum wage

Article Abstract:

President Clinton's proposal to raise the federal minimum wage from $4.25 an hour to $5.15 has been largely supported by American voters. The Republican Party, however, disagrees with the voters on the grounds that raising the minimum wage would wreak havoc on jobs.

Presidents, Presidents (Government), Wages, Minimum wage

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Willing suspensions: American equities

Article Abstract:

The Dow Jones Industrial Average lost 3.8% between Feb 5-16, 1993. Analysts blame investor unhappiness with rumors about Pres Clinton's economic plan, and a slowdown in mutual fund activity.

Stock-exchange, Stock exchanges, Political aspects, Market share, Mutual funds

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