Governors
in sentence
278 examples of Governors in a sentence
And the election of Republican
governors
in major states like Ohio and Florida means that electoral districts can be finessed to boost Trump’s reelection chances in 2020.
In the background, the board of
governors
that Romer proposes makes sure that everyone takes the long view.
An unprecedented number of scientists, business leaders, and subnational government politicians such as mayors and
governors
have made clear the need for a strong agreement in Paris.
From Stephen Roach at Morgan Stanley to Paul Krugman at Princeton, to the
Governors
of the US Federal Reserve and the senior staff at the European Central Bank, to almost everyone in Japan, economists all over the world are worrying about deflation.
For example, the G-20 finance ministers and central bank
governors
have just asked the Financial Stability Board to explore how the financial sector could address climate issues.
This conference has grown to be a major international event for government monetary policymakers, with
governors
or deputy
governors
of 34 central banks attending this year.
The Federal Reserve Board comprises seven governors; but, for most of its history, the Board has operated in the shadow of its chairmen, three of whom (Marriner Eccles, William McChesney Martin, and, most recently, Alan Greenspan) served for nearly 20 years.
Monetary policy is, in principle, decided by the Federal Open Market Committee, which includes 12 voting members: the seven Fed governors, the president of the New York Fed, and four presidents of the other 11 regional Federal Reserve Banks (who serve on a one-year rotating basis).
And, while the Federal Open Market Committee (FOMC), which sets US monetary policy, comprises not only the seven
governors
in Washington, but also five regional Federal Reserve presidents, the
governors
have the final say in choosing which five.
Moreover, there have been proposals to eliminate regional presidents from the FOMC, largely because they tend to be policy hawks – committed to keeping inflation low – while
governors
in Washington often prefer to focus policy on economic growth and employment, even if it places price stability at risk.
But that is likely to change, with slow growth making the governors’ influence on regional presidents more likely to affect monetary policy.
Given this, the Fed will be the site of rising tension, as regional presidents counter the governors’ preference for monetary stimulus by pushing for policy tightening.
Nor is a presidential candidate likely to be found among the regional governors, or among the leaders of the "old" or "new" parties.
In the meantime, let’s hope that Messrs. Bernanke, King, Trichet, and the world’s other central bank
governors
get monetary policy roughly right, and that our politicians don’t waste vast sums on ineffective fiscal stimulus.
Yuri Luzhkov, Moscow's bumptious mayor, allied his Fatherland Party with All Russia, a grouping bringing together a majority of Russia's provincial
governors.
Once hitched to the governors, Mayor Luzhkov was able to attract as their candidate for president next year Yevgeny Primakov, the popular former spymaster-cum-prime minister (and supposedly Russia's most trusted man), who had been sacked by President Yeltsin last May due to his very popularity.
Originally, provincial
governors
were seen as creatures of Boris Yelstin, who appointed them after the break-up of the USSR and used their control of the upper house of the Duma as a cudgel to check the communist-dominated lower house.
Through this electoral legitimacy (no matter how rigged the elections), Russia's
governors
secured enormous weight in the political system.
Moreover,
governors
play a vital role in such key issues as determining whether a region attracts foreign investment or is shunned by international businessmen.
One of the main power bases of the
governors
is their decisive influence over the voters in their regions who will decide the outcome of this December's parliamentary elections, as well as the presidential elections next June.
By adding the
governors
to his electoral machine, Primakov has stolen the men who turned the last presidential elections Yeltsin's way.
The defection of the governors, however, may be a double-edged sword for Primakov, who announced in his first campaign address on August 30 that what his presidency would offer Russia was a strong central state with renewed controls on parts of the economy.
For if the Fatherland/All Russia alliance gains control of the State Duma (the lower house of Parliament), the
governors
would assume even more weight, for not only would they control the Federation Council (the upper house) but the deputies in the lower house of the Duma would likely be men deeply indebted to their local
governors
for their seats.
Under the Russian system, most taxes are centrally collected, so
governors
need good relations with federal authorities so as to maintain access to the ever-shrinking federal pie.
After the elections,
governors
may demand that they get direct control of the pork.
In addition to federal power holding them in check, the
governors
are constrained by internal divisions.
Until now, the main institutional form of provincial coalition-building has been interregional associations that bring together
governors
in defined geographic regions, such as Siberia or the Urals.
Only this economic fault line may prevent Russia's governors, though they will likely shift even more power from the center, from completely dominating the federal scene.
While many of the most important
governors
support removing the Communist majority from the State Duma to ensure less ideologically and more regionally based governance, they are divided on other crucial issues.
So even if the coalition of the governors, Luzhkov, and Primakov win a majority of seats in the parliament's lower house this December, there is no guarantee that the new members will be able to forge a consistently united program.
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