Steele yields powers to foes in RNC

[brooklynite]

Source: Washington Times

Capitulating to critics on the Republican National Committee, embattled Republican Party Chairman Michael S. Steele has signed a secret pact agreeing to controls and restraints on how he spends hundreds of millions of dollars in party funds and contracts, The Washington Times has learned.

The "good governance" agreement revives checks and balances Mr. Steele resisted implementing for RNC contracts, fees for legal work and other expenditures that were not renewed after the 2008 presidential nominating contest.

The agreement, proposed by several current and former RNC officials, goes further, making 33-year RNC veteran Jay Banning, who was fired by Mr. Steele along with his deputy last month, an on-call adviser to the RNC treasurer. Mr. Banning was seen as a trusted liaison to RNC members critical of Mr. Steele's tenure and financial management.

"I regard them - the Steele administration - bound by it," former Republican National Committee General Counsel David Norcross told The Times on Tuesday.

Read more: http://washingtontimes.com/news/2009/may/06/steele-yields-powers-to-foes-in-rnc/

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Other than blowing Party funds on NY-20, Steele hasn't been in office long enough to be fiscally irresponsible. I have to believe this is part of the ongoing political dispute over the path the Party was going to take under his stewardship, and his caving so early signifies how little influence he has.

[Happyhippychick]

1. A secret pact? Is that the same as "double secret probation"? n/t

[Hokie]

2. No surprise since Steele has a history of misappropriating campaign funds

Google "Michael Steele" and "Brown Sugar Unlimited".

The Repubes are too embarrassed to admit they screwed up to fire the little weasle but they are making sure he keeps his hand out of the cookie jar.

[annabanana]

3. heh... They stole his wallet. . . .n/t

[Soylent Brice]

4. "castration! double castration!!"

wonder what it's like to have a neutered chair of you political party...

this is like watching a fish flop around gasping for air.

[Downwinder]

5. Isn't that about the same way George was head of the Texas Rangers?

Sounds like a spendthrift trust.

[yellowcanine]

6. Secret Pact? Well it WAS a secret. Now, not so much. Steele is a toady.

The RNC must have told Steele they would keep it secret so that his toadiness would not be known and he could save face. Then they promptly reneged on the deal to undermine him. If Steele had any balls he would resign.