National Press Club

Investors Who Stuck with 401(k) Plans Now Benefiting, Mutual Fund Experts Say

January 11, 2010 | By Tejinder Singh |

The market downturn of late 2007 brought the balances in 401(k) and other defined contribution accounts down by “almost one-quarter in 2008,” the president of Investment Company Institute said at a Newsmaker Jan. 8.

Paul Stevens said it has "caused some in the press and policy communities to question the value of 401 (k) and other defined contribution plans.”

During that time, American workers still supported their 401(k) plans and stayed the course—and those who did so are now being rewarded, according to ICI survey data.

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Darlene Shields Receives Top Club Honor for Volunteers; 44 Others Also Recognized

January 9, 2010 | By Donna Leinwand, NPC President

Darlene Shields, who chairs the National Press Club's Photography Committee, received the Club's top honor for her contributions and volunteer efforts in 2009.

NPC President Donna Leinwand selected Shields as the winner of the 2009 Berny Krug Award from among the many dedicated Club members who contribute time, talent and enthusiasm to making the Club the premier journalism institution.

Shields received the award Jan. 8 at a reception honoring the Club's top volunteers.

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Panel Calls for Strategic Energy Policy

January 6, 2010 | By Frank Maisano |

Leaders from government, academia and energy efficiency-related businesses s aid the nation must develop a collaborative, comprehensive energy management strategy in order to achieve long-term sustainability goals, reduce emissions and strengthen our economy at a Newsmaker panel Jan. 5.

Panelists were Richard Kidd, manager of the Federal Energy Management Program; Paul Cody of the Eaton Corp.; University of Pittsburgh energy expert Greg Reed; and Bayer MaterialScience's EcoCommercial Building head Paul Platte.

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Fitness Expert Austin Revs up the Audience

January 6, 2010 | By Joe Motheral |

“Okay, everyone stand. Put your arms above your head like this and then sway side to side. Two more to go. Now one more to go. Good!” Denise Austin, the health and fitness advocate, revved up more than 140 attendees at the Holman Lounge Jan. 5.

Austin was at the Club to discuss her book, "Denise’s Daily Dozen."

She lives by what she preaches. “I’m 52,” she said but looks 32.

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December 23, 2009 | By Donna Leinwand, President, National Press Club

Luncheon Rescheduled; Take a Photo and Enter the Contest

he Club is closed for all activities today, Monday, Dec. 21.

It is the National Press Club's policy to close when the U.S. government closes. The U.S. Office of Personnel Management ( ) announced at 4:35 p.m. Sunday that the federal government is closed on Monday due to the snowstorm. The Club will reschedule its speakers luncheon featuring NIH director Francis Collins. The Board of Governors will meet Tuesday at 6:30 p.m.

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NPC Condemns Terrorist Attack on Peshawar's Press Club

December 23, 2009 | By Sylvia Smith

A suicide bomber on Dec. 22 detonated explosives at the gates of the Peshawar Press Club, killing a guard, the Club's accountant and a bystander and wounding at least 20 others. The Club in the northwest Paskistan city had received a series of threats in the month leading up to the suicide attack.

"The targeting of journalists who strive merely to report the truth to the public is unacceptable," National Press Club President Donna Leinwand said.

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Please Welcome 33 New Club Members

December 23, 2009 | By Myron Belkind, Club Secretary |

The Board of Governors approved 33 membership applications Dec. 22, bringing the total so far this year to 418, compared to 425 for the same period last year.
The new members are:

Larry Moffi, Army Magazine, Managing Editor; Jane Sasseen, BusinessWeek, Washington Bureau Chief; Carol Wolf, Bloomberg, Reporter

Active Non-Resident:
Jeremiah A. Hall, San Francisco, Freelance Writer; Justin McLachlan, San Diego, Freelance Writer/Reporter; Reiko Narita, Honolulu, Sakuranohana Shuppan, Inc., Chief Editor

Active Under 35:

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**** SNOW ALERT ****

December 18, 2009

Club Closed for Member Events Saturday, Dec. 19

Due to the anticipated snow storm and likely road closures, the Club will be closed Saturday, Dec. 19 for all member activities. Books and Brunch will be rescheduled to January as the Fourth Estate Restaurant will be closed.

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SBA Administrator Urges Expansion of Lending Program

December 14, 2009 | By Kenneth Dalecki |

Small Business Administrator Karen Mills urged Congress to renew and expand SBA lending programs that she says are helping breath new life in the nation's struggling economy.

In a Dec. 14 luncheon speech, Mills said she is hopeful that SBA loan application fees will continue to be waived and that lending levels will increase under legislation pending in Congress.

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"Cousin Brucie" Discusses Evolution of Rock 'n Roll

December 11, 2009 | By Jan King |

The origins of "doo wop" music are in slavery, where it began with the "field hollers" as a form of communication, long-time disk jockey and broadcasting legend "Cousin Brucie" Morrow told a Club audience Dec. 10.

He said field hollers progressed into gospel, rhythm and blues, big bands and finally into soul music. In the 1940s, when there was little money for instrumentals in black recordings, the groups emulated the instruments with vocal harmonies, Morrow said.

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