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Money Matters: Feldstein Resignation, Stock Market #90266

ABC Evening News for Wednesday, May 09, 1984
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(Studio) White House economy adviser Martin Feldstein reported resigning in July; his past disagreements with President Reagan's economy policies recalled.
REPORTER: Peter Jennings

(NYC) Feldstein's tenure in Reagan administration, disagreements with Treasury Secretary Don. Regan and public ridicule by deputy press secretary Larry Speakes, reviewed. [January 31, FELDSTEIN - warns of dangers of large federal budget deficits.] His defense of Federal Reserve Bd. yesterday, which Speakes blames for higher prime lending rate, said allegedly eliciting rebuke by White House aide James Baker. [FELDSTEIN - explains role in administration] [Econ. Alan GREENSPAN - notes role of pols. in Feldstein's position with administration] STK. MKT. REPORT
REPORTER: Dan Cordtz

Cordtz, Dan;
Jennings, Peter

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