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Deputy Attorney General Silberman reported that increased
penalties for anti-trust violations are going to be worked
on next week. The Attorney General has been dealing with
Senator Hruska in an effort to strengthen the investigative
powers of the anti-trust division. He noted that actions
are being taken in the area of price fixing and that in fact
the Department of Justice is bringing suit against the
largest real estate board in the nation - the same group
the President addressed last night. He also mentioned that
FBI agents with accounting backgrounds are being trained to
investigate price fixing.
Secretary Brennan noted that his legislative initiatives are
moving forward but that under the CETA program only 50,000
of an authorized 170,000 jobs have been filled. The President
stated that Labor should keep pushing CETA.
Secretary Brinegar reported that the Surface Transportation
Act is very complex and is receiving much attention from DOT.
He also noted that the Mass Transit Bill looks good and has
gone to the Senate. In the areas of fuel economy, Secretary
Brinegar is meeting with auto industry leaders. DOT is
studying the possibility of recommending a further extension
of the 55 mph speed limit order. He also noted that car
pooling is the best solution found so far to the traffic
control problem.
Secretary Simon stated that in the Financial Institutions Act
there remains only one area of disagreement which is being
worked out. Other initiatives are proceeding on schedule.
Secretary Simon also discussed the effective date of legislation
authorizing the sale of gold by private citizens and possible
actions the government should take with respect to the sale
of gold reserves. The President asked Secretary Simon for
specific recommendations in this area.
Director Ash noted that ERDA legislation is on track and will
be available by January 1. Other initiatives are proceeding
on schedule. Mr. Ash also reported that a list of over 100
items has been drawn up for submission to the Congress for
FY75 budget cuts. The President made a point of thanking all
of the Cabinet members for their fine cooperation and
voluntarily recommending these cuts. Mr. Ash stated that in
the area of personnel reduction, the objective being 40,000
by June 30, he now has appeals for over 13,000. He stated that
part of these would be eliminated under the recommended
budget cuts but that he is going to have to get with each of
the Cabinet members to work out the remainder of the appeals.
The President stated that he would talk further to Mr. Ash on
this area.
GERALD
R.
FORD
LIBRARY
Document source description
Topics discussed at meeting include economic and energy proposals, Henry Kissinger's trip to the Middle East, President Gerald Ford's trip to the Far East, and Nelson Rockefeller's confirmation as Vice President.
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Document data
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- 186637
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DTO data
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Context sent to Scholar
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Document source extras
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Page context
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"ocrText": "Deputy Attorney General Silberman reported that increased\npenalties for anti-trust violations are going to be worked\non next week. The Attorney General has been dealing with\nSenator Hruska in an effort to strengthen the investigative\npowers of the anti-trust division. He noted that actions\nare being taken in the area of price fixing and that in fact\nthe Department of Justice is bringing suit against the\nlargest real estate board in the nation - the same group\nthe President addressed last night. He also mentioned that\nFBI agents with accounting backgrounds are being trained to\ninvestigate price fixing.\nSecretary Brennan noted that his legislative initiatives are\nmoving forward but that under the CETA program only 50,000\nof an authorized 170,000 jobs have been filled. The President\nstated that Labor should keep pushing CETA.\nSecretary Brinegar reported that the Surface Transportation\nAct is very complex and is receiving much attention from DOT.\nHe also noted that the Mass Transit Bill looks good and has\ngone to the Senate. In the areas of fuel economy, Secretary\nBrinegar is meeting with auto industry leaders. DOT is\nstudying the possibility of recommending a further extension\nof the 55 mph speed limit order. He also noted that car\npooling is the best solution found so far to the traffic\ncontrol problem.\nSecretary Simon stated that in the Financial Institutions Act\nthere remains only one area of disagreement which is being\nworked out. Other initiatives are proceeding on schedule.\nSecretary Simon also discussed the effective date of legislation\nauthorizing the sale of gold by private citizens and possible\nactions the government should take with respect to the sale\nof gold reserves. The President asked Secretary Simon for\nspecific recommendations in this area.\nDirector Ash noted that ERDA legislation is on track and will\nbe available by January 1. Other initiatives are proceeding\non schedule. Mr. Ash also reported that a list of over 100\nitems has been drawn up for submission to the Congress for\nFY75 budget cuts. The President made a point of thanking all\nof the Cabinet members for their fine cooperation and\nvoluntarily recommending these cuts. Mr. Ash stated that in\nthe area of personnel reduction, the objective being 40,000\nby June 30, he now has appeals for over 13,000. He stated that\npart of these would be eliminated under the recommended\nbudget cuts but that he is going to have to get with each of\nthe Cabinet members to work out the remainder of the appeals.\nThe President stated that he would talk further to Mr. Ash on\nthis area.\nGERALD\nR.\nFORD\nLIBRARY"
}