AUTHOR ARCHIVES

Pamela Barnett

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House panel acts to speed SEC hiring

March 20, 2003 A House Financial Services subcommittee approved legislation Thursday addressing a staffing crisis at the Securities and Exchange Commission. The Capital Markets Subcommittee approved the measure (H.R. 658) by a voice vote after just minutes of discussion, and encompassed a managers' amendment agreed to by Chairman, Rep. Richard Baker, R-La., and...

SEC chief applauds budget increase, promises to beef up staff

March 14, 2003 Saying it might be time for the Securities and Exchange Commission to evolve into "a quicker, more agile, more proactive" force, agency Chairman William Donaldson told House appropriators Thursday he was undertaking a review of the agency's resource needs. Testifying before the House Commerce-Justice-State Appropriations Subcommittee, Donaldson said President Bush's...

Senators seek coordination in tracking terrorist funding

October 9, 2002 Senate Finance Committee Chairman Max Baucus, D-Mont., and ranking member Charles Grassley, R-Iowa, Wednesday joined other lawmakers who have insisted that federal agencies coordinate their energies to track down sources of terrorist funding. At a hearing, which Baucus promised would be the first of several on terrorist financing networks, he...

Bush steps up demand for action on homeland security bill

October 3, 2002 President Bush Thursday sharpened his call for Congress to send him homeland security legislation, insisting that lawmakers not go home until the bill is finished. Bush issued the call before a meeting with Hispanic leaders at the White House, calling for Congress to finish the bill before leaving to campaign....

Treasury official calls for global moves against terror

May 31, 2002 Any strategy intended to disrupt the ability of terrorists to raise funds and finance future attacks must be international in nature, Treasury Undersecretary for Enforcement Jimmy Gurule said Thursday. Gurule, in an address to the D.C. Bar Association, called the fight against terrorist financing "a complex problem that will involve...

Ridge briefs small group of senators on homeland security

May 2, 2002 Turnout by senators was somewhat sparse Thursday for an informal discussion today with Homeland Security Director Tom Ridge about the Bush administration's views on border security, and at least one Democratic senator admonished Ridge for failing to have appeared in a more formal setting. Ridge, who told senators his aim...

House votes to replace INS with two new agencies

April 25, 2002 The House voted overwhelmingly Thursday to abolish the Immigration and Naturalization Service and replace it with two new agencies in the Justice Department. The bill (H.R. 3231) passed on a 405-9 vote. Before the vote, Attorney General John Ashcroft ventured to Capitol Hill to anounce the Bush administration's support for...

Lawmaker offers to broker deal with OMB on SEC pay raises

April 17, 2002 House Commerce-Justice-State Appropriations Subcommittee Chairman Frank Wolf, R-Va., Wednesday offered to try to broker a deal between the Securities and Exchange Commission and the Office of Management and Budget on the subject of salary increases for SEC professionals who are leaving the agency because of insufficient pay. At a hearing,...

Senator to testify on his objections to border security bill

April 8, 2002 Senate Appropriations Committee Chairman Robert Byrd, D-W.Va., who has singlehandedly held up Senate consideration of a comprehensive border security bill since last year, may be the sole witness Friday before the Senate Judiciary Immigration Subcommittee, which has scheduled a hearing that morning on the legislation. Byrd lodged an objection late...

Senate pushes back border security legislation

March 20, 2002 Pending border-security legislation will not be back on the Senate's agenda until sometime after members return from their spring recess, Senate Majority Leader Tom Daschle, D-S.D., said Tuesday. Daschle said the bill, which has been blocked in the Senate since the end of last year, would be "high on the...

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