Greenspan Discloses Attempt to Prod Fed to Ease Policy

Federal Reserve Board Chairman Alan S. Greenspan disclosed Wednesday he had “objected quite strongly” to a recent attempt by a Reagan Administration official to prod the Fed into reducing interest rates. He warned that further pressure could provoke the Fed into the opposite course. In testimony before the Senate Banking Committee, Greenspan said he had … Read more

Biden’s approval of Willow oil project intensifies rift among Indigenous Alaskans

An exploratory drilling camp at the proposed site of the Willow oil project on Alaska’s North Slope. (ConocoPhillips via Associated Press) The Biden administration’s approval this week of Alaska’s biggest oil drilling project in decades promises to widen a rift among Indigenous people in the state — with some saying oil money can’t counter the … Read more

As harassment allegations rock Sacramento, violence against women becomes a focus of state Senate campaign

Susan Rubio has earned an endorsement from the Democratic Legislative Women’s Caucus in her race for state Senate, but legislative leaders are supporting her opponent, former Assemblyman Mike Eng. (Irfan Khan / Los Angeles Times) Baldwin Park Councilwoman Susan Rubio shook up the state Capitol last year when she went to court and obtained a … Read more

COLUMN ONE : Policing Political TV Ads : Media are devoting more attention to the accuracy of commercials, often in critiques known as ‘truth boxes.’ The new reporting is seen as a major advance in coverage of elections.

In Florida, Miami Herald state editor John Pancake is having political reporters skip some of the speeches at county fairs this year and instead watch a little more TV. In Texas, Clayton W. Williams Jr., the Republican candidate for governor, had to redo one of his television commercials because reporters found he had exaggerated his … Read more

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