Laramie, Wy – Democratic U.S. House candidate Gary Trauner says Congress might soon have to "hold its nose" and pass a financial bailout bill. Trauner says he hasn't read all of the bill that cleared the Senate on Wednesday and won't commit to supporting it. But in a news conference in Cheyenne on Thursday, he said "time is running short." Republican U.S. House candidate Cynthia Lummis said Thursday that she opposes the bill that has passed the Senate, saying it's loaded with pork-barrel spending.
Cheyenne, Wy – There is a scenario where Wyoming could be hurt if the economy continues to falter. Governor Dave Freudenthal says natural gas demand could drop if the national economy continues to weaken. Freudenthal-"If you were to see the level of manufacturing activity begin to decline significantly, you'd see the demand for natural gas go down. There's fewer plants operating, there's less demand, there's less utilization of the underlying energy resource."
Riverton, Wy – The Northern Arapaho Tribe has sued Fremont County and the state of Wyoming in federal court over a long-standing boundary dispute. In its lawsuit filed in federal court in Cheyenne on Monday, the tribe states that Fremont County has been improperly levying state vehicle registration taxes and fees against tribal members who live in Riverton and other areas. Mark Howell is a Washington D.C.-based spokesman for the tribe. He said that if the court agrees with the tribe, all of the
Cheyenne, Wy – Agriculture officials say Wyoming isn't prepared to handle an emergency in the livestock industry, such as bluetongue or hoof-and-mouth disease. Officials with the Wyoming Livestock Board say they've been busy as it is handling cases of brucellosis that have turned up in cattle this year. Board members spoke to members of the Legislature's Joint Agriculture, State and Public Lands and Water Resources Interim Committee in Green River on Tuesday. The committee is considering legislation to create new positions
Laramie, Wy – A University of Wyoming professor has been appointed as a lifetime member of the group that awards the Nobel Prize. Professor Jason Shogren from the department of Economics and Finance was in Sweden when he ran into a top official of the Royal Swedish Academy of Sciences. Shogren: And he said, congratulations, and I said, for what?
Gillette, Wy – The Wyoming Supreme Court has overturned sexual assault convictions against Kent Alan Proffit Sr., a Gillette man already spending life in prison for murder. The high court recently upheld Proffit's three sentences of life without parole in the murders of two Gillette teenagers. Tuesday's court ruling says Proffit must get a new trial on eight counts of third-degree sexual assault. A jury last year found him guilty of sexually assaulting 16-year-old Bryce Chavers, his former stepson and one of the murder victims.
Laramie, Wy – While Wyoming Congresswoman Barbara Cubin voted in favor of the financial rescue plan, two candidates hoping to replace her say they would have voted no. Democratic candidate Gary Trauner says he was disappointed with the bill.
Trauner: They talked about it limiting CEO pay but it did not. It talked about limiting golden parachutes, again it did not.
Republican candidate Cynthia Lummis saw another flaw: that the government was only going to buy bundles of bad mortgages but no good ones.
Laramie, Wy – The Wyoming Banking commissioner says that people who have money in state banks have nothing to worry about. Commissioner Jeff Vogel says citizens have a right to be concerned about the health of Wyoming banks but it is his job in keep an eye on banks. He says Wyoming banks are safe.
Vogel: The banks here in Wyoming have had little exposure, did not originate any of the subprime paper and are not holding any of it, as far as I know.