News Briefs

THE DAILY FED

News Briefs

SECTIONS TO CHOOSE FROM:

TENTATIVE PACT ON VA IS REACHED-"The Department of Veterans Affairs appeared yesterday to have overcome a major hurdle in its long-running battle for a new funding source for its big hospital system" (The Washington Post).

THAT BURNING SENSATION-"The National Corn Growers Association was so excited that the White House "on their own" purchased 30 1998 Chrysler minivans that can burn E85 that it issued a press release to call attention to the new vehicles. E85, as we all know, is a fuel composed of 85 percent ethanol (i.e., corn) and 15 percent regular gasoline and a big issue for the association" (The Washington Post).

HILLARY CLINTON INTERVIEWED ON FBI FILES-"Independent counsel Kenneth W. Starr interviewed Hillary Rodham Clinton yesterday about the White House's improper collection of confidential FBI background files on former employees of Republican administrations" (The Washington Post).

RACE BOARD'S FOCUS TURNS TO ECONOMIC GAP-"After spending months struggling to get organized and then hosting two sessions focused on education, the president's race commission today turned its attention to the complicated issue that lies at the heart of the nation's modern racial conflict: the economic gap that separates whites and most everyone else" (The Washington Post).

**TSP Open Season - Runs November 15, 1997 to January 31, 1998.

CONFERENCE ANNOUNCEMENTS

Managing the Federal Employee Discipline and Performance Process

Jan. 12-13, Feb. 25-26. A nuts-and-bolts course designed to enable managers to navigate through the shoals of employee conduct and performance problems without becoming the loser. Cost:$550. Conducted by William Rudman. Brookings Institution. Washington, D.C. Contact Lela Sallis (202)797-6299.