Senate Banking Chairman Questions Baker Recovery Plan

Vadum, Matthew
February 2006
Bond Buyer;2/16/2006, Vol. 355 Issue 32321, p4
Trade Publication
The article reports that the chairman of the U.S. Senate Banking Committee Richard Shelby has noted at the outset of a hearing on Gulf Coast, Louisiana relief that any federal rebuilding assistance should also support the functioning of the private market. He also state his belief on the efforts to superimpose a one-size-fits-all centralized solution. It emphasizes that Shelby seems to aim at an ambitious proposal that would create a "Louisiana Recovery Corporation."


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