Word: chairmanship
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...more than a single GOP vote or so to prevail on any given issue. That would also give them the cushion to do the one thing that many of them have been itching to do most: kick Joe Lieberman out of their caucus and strip him of his committee chairmanship for supporting John McCain...
...named after him. Then, early this month, Rangel said he had neglected to declare $75,000 in rental income from a villa he owns in the Dominican Republic. Rangel says his accountant is reviewing his records and vowed to pay whatever back taxes he owes. The congressman, whose committee chairmanship puts him essentially in charge of the federal tax code, has also asked the House ethics committee to investigate his ownership of the villa...
While Coburn has been willing to bog down the Senate to try to stop pork, McCain stops short of drawing the line. He tends to bend institutions without breaking them; he never alienated his caucus enough to lose his chairmanship, and even Cochran has endorsed McCain's candidacy now that he's the Republican nominee. "McCain used to make great speeches about all the garbage in military spending bills, especially after 9/11, but he'd do nothing to stop it," says the Center for Defense Information's Winslow Wheeler, a former GOP staffer who supports Obama for President. McCain...
...famously said, “Regarding the Great Depression, you are right, we did it. We are very sorry.” After finishing graduate school, Bernanke held teaching positions at MIT and Stanford Business School before taking a professorship at Princeton, where he would eventually ascend to the chairmanship of the economics department. There, he built a reputation for consensus-building and for the ability to manage contentious committees, skills that likely translated well to his current duties as chair of the Federal Open Market Committee. “The Board of Governors have greater influence than they...
...chairman roles, it is frequently in response to poor performance or shareholder pressure - even if the decision is framed as a broader commitment to good corporate governance. In early May, Wachovia, which like many banks has been severely battered by the credit market meltdown, took its chairmanship away from CEO Ken Thompson and gave it to long-time director Lanty Smith. In a statement, Wachovia said it "recognized the importance of strong independent leadership," but Thompson also pointed out that the move would free him "to focus 100% of my time and attention on guiding the company through the current...