Then usually the most junior person gets that work. Correct.
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Most junior associates can only dream of that kind of experience.
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The moderators of the panels were among our most junior women attorneys.
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Even if you're the most junior person in the room, you have power.
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Staunchly non-hierarchical, Edhi had a personal relationship with even his most junior staff.
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This is particularly important for the most junior employees, who will feel anxious about their status.
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Until Justice Gorsuch joined the court, the two most junior members were Justices Sotomayor and Kagan.
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David: Does that trickle all the way down to some of the most junior employees at Virgin?
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The most junior Mr Kim made his debut on a postage stamp within days of his father's death.
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"He was the most powerful man at the network, and I was the most junior person," she said.
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Equity investors, holders of the most junior piece of the fund, are paid last with what interest is left.
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As the most junior member of the group, Mr. Abballa was not chosen to go, and that frustrated him.
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ET. By Wednesday, the most junior justice was hearing perhaps the biggest case of the term, dealing with religious liberty.
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The highest-rated tranche holders get paid back first, while equity, the most junior tranche is more exposed to loss.
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Then I really started as a journalist at about 25 as a most junior reporter at the Sydney Morning Herald.
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The highest-rated tranche holders get paid back first, while equity, the most junior tranche is more exposed to loss.
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Equity tranches are the most junior and riskiest part of a CLO and investors are paid last after the fund's bondholders.
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Most junior doctors stayed away on Tuesday at the largest two public hospitals, Parirenyatwa and Harare Central, a Reuters witness said.
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Although he was one of the federal district's most junior lawyers at the time, he was chosen to give the opening statement.
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Or that when a new judge joins the court, it falls to the second-most-junior judge to throw them a welcome feast?
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CLO equity, the most junior slice of the funds, had negative total returns in 2015, which further decreased the appeal of new issue.
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J.P. Morgan will move a group of analysts — the title given the most junior of investment bankers — there to better support the region's dealmakers.
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Because most males in clans join from other groups, the highest ranking male in the group is often subservient to the most junior female.
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Ratcliffe, a Trump loyalist and the most junior member of the House Intelligence Committee, had been tapped, but not formally nominated, to replace Coats.
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Brett Kavanaugh took his place on the far right side of the Supreme Court bench, in the spot reserved for the most junior justice.
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Afterward, he walked to the far side of the bench, taking a seat reserved for the most junior justice, next to Justice Elena Kagan.
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He wanted his newly renewed company to encourage constructive dissent among the people that worked there, from the most junior employees to Dalio himself.
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The most junior economists can present their research before senior vice presidents, and they're evaluated on how their recommendations impact the company's bottom line.
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The former California attorney general is the last member of the Senate Judiciary Committee to ask questions in hearings, as its most junior member.
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Beyond 20 years, most employers aren't going to weigh that experience anyway, and it's probably your most junior experience so you can probably skip it.
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She called for tech companies to not just tout their diversity numbers when those employees are only filing the most junior positions at those businesses.
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When Judge Neil Gorsuch is sworn in to the Supreme Court on Monday, he will become the court's 101st associate justice and most junior member.
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New lieutenants — the most junior rank of officers — must prove themselves to earn respect as they navigate the pressures of a close-knit infantry company.
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Initially, expecting this to be a tedious and probably futile inquiry, the committee's Republican leadership decided to let the panel's most junior minority member, Sen.
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"Scalia will go down in history as one of the most transformational Supreme Court Justices of our nation," wrote Elena Kagan, the court's most junior member.
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Right now, there might be a big difference in compensation between a top corporate executive and the most junior person in a factory or office floor.
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Wang cast his ballot on Saturday immediately after Han Zheng, the seventh-ranked and most junior Standing Committee member, drawing enthusiastic applause from the other delegates.
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Detailing any positions beyond the 20-year mark could date you, clutter your resume, and likely won't impress anyway, because they are usually your most junior roles.
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NEW YORK (Reuters) - The most junior investors in US Collateralized Loan Obligation (CLO) funds will try to boost their flagging returns by forcing managers into expensive refinancings.
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"She's the most junior person in the station, but she is creating long reporting opportunities," said Edward Maibach, a climate change communication expert at George Mason University.
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The most junior and riskiest portion of the fund, the equity slice, is paid last with what interest is leftover after the fund's bondholders receive their distributions.
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The most junior and riskiest portion of the fund, the equity slice, is paid last with what is left over after the fund's bondholders receive their distributions.
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The fund's debtholders are paid a set rate plus Libor and the most junior investors, the equity holders, are paid last with whatever interest is left over.
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Many in the country recoil from a future in the shape of RB Leipzig, a corporate creation younger than even the most junior players in its academy.
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Lower debt coupons boost payments to the most junior investors, the equity, who are paid last with the interest left over after all other distributions are made.
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Lieutenant MacNeil was the most junior officer in the platoon, and was one of the SEALs who reported Chief Gallagher for murder and testified at his trial.
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Cory Booker of New Jersey and Kamala Harris of California, who are the two most junior Democrats on the panel and also potential presidential candidates in 2020.
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On Monday it had already tried to restore calm by saying it had "sufficient" reserves to service its so-called tier 1 debts, or its most junior bonds.
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Look for internships, recent graduate programs, and other targeted hiring opportunitiesFor PayPal's most junior positions, internships and recent college graduate programs are the two major points of entry.
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The new member of the court, Justice Neil M. Gorsuch, sat on the far right side of the bench, in the spot reserved for the most junior justice.
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More recently, he invited Murray and two other Democratic senators: Sheldon Whitehouse of Rhode Island and Maggie Hassan of New Hampshire, the most junior member of his committee.
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That would leave less interest to pay holders of the most junior portion of the funds, the equity, who receive whatever is left after all debt holders are paid.
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Spain's Bankia, nationalized in May 297.75 to prevent its collapse, last year sold 2100 million euros of Additional Tier 73 (AT27) bonds - the most junior version of subordinated debt.
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In San Francisco, even the most junior software engineers hired at Sunverge, a maker of energy storage systems for solar electricity users, command starting salaries of just over $100,000.
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Mitch McConnell's 51 colleagues, from his most junior members to his closest lieutenants, fully expected the Senate to vote this week on the Senate GOP's wounded Obamacare repeal bill.
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The best ideas can come from anywhere in the organization, from the CEO to the most junior team members, and everyone should be speaking truth to power at a startup.
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If you've ever spent five minutes in the House or Senate, you are immediately struck by the reverence with which even the most junior member of the House is treated.
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With Akaka's retirement in January 2013 and Inouye's death in December 2012, Hawaii quickly went from having one of the most senior Senate delegations to having one of the most junior.
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Higher spreads can eat into distributions to investors in the most junior portion of a CLO, the equity, who are paid with the interest remaining after the fund's debtholders are paid.
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Mr. Linklater's mixing of hard and soft surfaces finds an interesting (if less precise) counterpoint in the assemblage sculptures of the New York artist Danica Barboza, this show's most junior figure.
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US CLO equity, the most junior part of the funds, returned 16.4% in 2017, compared to 4.1% for US leveraged loans and 6.3% for US high-yield bonds, according to Citigroup data.
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Life of an associate at a major law firm comes with a fat paycheck, with salaries ranging from $190,000 for the most junior, to $350,000 for senior associates with nine years experience.
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Higher demand would help lower the spreads paid to CLO senior debt holders and increase payments to the fund's most junior investors who receive the interest left over after everyone else is paid.
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The move could reduce returns to investors in CLO equity, the most junior and riskiest tranche of the funds, by up to 3%, according to Citigroup estimates, and could also decrease CLO volume.
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"We're seeing such overwhelming, broad support from employees signing our open letter, with representation from our most junior employees up to the VP level," said Elizabeth Whitmire, a senior tech editor at AWS.
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Should expected mortgage interest receipts be insufficient to pay the stated Libor plus the margin coupon to the most junior noteholders, payments to all noteholders other than the senior notes will be capped.
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The firm, which has typically purchased the most junior tranche of CLOs, the equity slice, is considering investing across the capital structure, said Snell, who joined Tetragon last week as a portfolio manager.
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My first task every Monday morning, as the most junior reporter on the paper, was to call on the town's undertakers and compile a list of people who had died over the weekend.
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Government is stepping up efforts: In Washington, the House of Representatives is preparing to train every worker, down to the most junior intern, and state legislators across the country are proposing ambitious new laws.
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Indeed, prosecutors in any given local district or state attorney's office, from the most junior rookie to the top elected official, tend to view their career prospects through the lens of average sentence length.
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The base case FCF DSCRs (minimum of the average and median DSCR) for the most junior tranches B, C and D remain at 1.6x, 1.5x and 1.4x respectively, with a minimum 1.5x, 1.4x and 913x.
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The court's most junior member, Ginsburg explained, has the job of opening the door during court conferences, relaying the list of cases granted and denied to the court clerks and serving on the cafeteria committee.
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BEIJING (Reuters) - As the number of high-profile "tigers" caught in China's crackdown on corruption falls, the ruling Communist Party has turned its fight to its most junior officials, meaning almost anyone is now a target.
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The threat of a move to pricier Prime may force investors in the most junior portion of the fund and managers to call or rework a CLO to set terms at market rates, those sources said.
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My final point is that the most junior senator came from Chicago—heavily taxed city, the toughest gun laws—and his buddy Emmanuel is the mayor there, and Chicago is the murder capital of the world.
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It has been confirmed that Smith did not intervene despite full knowledge that the team's vice captain, David Warner, was instructing Cameron Bancroft, the most junior player, to rub sandpaper on the ball, altering its aerodynamics.
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NEW YORK, Nov 27 (LPC) - Issuance in the US Collateralized Loan Obligation (CLO) market is forecast to fall next year as spreads remain wide, eating into returns paid to the most junior investors in the funds.
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By increasing the ranks of women and minorities at entry-level positions — analysts and associates are the two most junior job titles in Wall Street's hierarchy — Goldman is hoping to improve diversity across the firm over time.
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KENNETH GRIFFIN: I think it's really important to understand, and we have about 600 investment professionals at Citadel, we try to push decision-making down to the most junior person who can competently make a good decision.
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This is because the Central Arizona Project, a 336-mile system that brings Colorado River water to central and southern Arizona, has the most junior rights to Colorado River water and consequently is first in line for cuts.
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The due diligence on Real Gold's customers was done over the telephone by the most junior members of Citi's transaction team with little supervision, using phone numbers provided by the miner, without independently verifying customers' identities and details.
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For example, in order to gain leverage for actors in negotiations movie and television studios, the Screen Actors Guild fought for standardized contracts that provide working wages and re-use fees, even for the most junior of its members.
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Head coach Steve Kerr, who had won championships as a player and worked with top names such as Phil Jackson, is known for seeking input from a range of voices, including some of the most junior members of the coaching staff.
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Staff in the firm's primary equity markets team are divided into three levels, with the most junior making around 420,000 yuan a year in basic pay, while a managing director could command up to 2.5 million yuan, according to one banker.
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Rolling back the rule would allow CLOs to purchase bonds, which can have higher yields and could boost returns to the most junior investors, the equity holders, who have seen their income pressured due to wide CLO debt tranche spreads.
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NEW YORK, Aug 28 (LPC) - US Collateralized Loan Obligation (CLO) spreads widened for the third straight month amid falling interest rates, global market volatility and a year of strong issuance, which is weighing on returns to the funds' most junior investors.
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In the 123 photo is a shaggy-haired John McFadden Jr., 13, on his tiptoes at the very back, the most junior employee here that day, raising his cherubic face to the camera to be included among his co-workers.
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The rather casual way in which Mr Smith admitted to the strategy in a press conference, together with the appropriation of the team's most junior player, Mr Bancroft, to carry out the deed ensured that his tenure as captain had to end.
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On Christmas Day, my colleague Dave Philipps reported that the Navy's bread-and-water punishment for the most junior enlisted sailors has been eliminated in a new revision to the Uniform Code of Military Justice that went into effect on Jan. 28.
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Increasing investor interest is driving spreads on the most senior tranches lower, which can help boost payments to equity investors in the most junior and riskiest part of the funds, who are paid last with whatever is left over after CLO bondholders receive their distributions.
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At an event in Colorado last September, Kagan was being interviewed by Gorsuch and Timothy M. Tymkovich, chief judge of the U.S. Court of Appeals for the 10th Circuit, and described what it was like to serve as the most junior justice of the Supreme Court.
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Supportive comments by European Central Bank sources on Friday have helped Deutsche shares rise 2090 percent off recent lows, while the yield on its 28 billion-euro CoCo bond, the most junior debt category, DE22018= has slipped 200 basis points from last Thursday's 15-month high of 9.24 percent.
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Solitary work is something that only happens at the most junior levels, and even then it's only possible because someone senior to you — most likely your manager — has been putting in long hours to build up the social structures in your group that let you focus on code.
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His dissent on June Medical Services Thursday night applied the same type of scheming and sent a loud message to anti-choice lawmakers: Regulating abortion to the point where it's impossible for women to access this type of care is fair game for the court's most junior member.
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If he continues to pay his SpaceX interns only half of what Facebook does — about $4,000 a month as compared to the $8,000 a month Zuckerberg's most junior employees make, according to the anonymous employer ranking site Glassdoor — he could lose talented prospects to companies in Silicon Valley.
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Managers can buy 5% of every tranche of a CLO, known as a vertical strip to comply with US risk-retention rules, or 5% of the face amount of all of the fund's tranches, which is known as a horizontal strip, and held in the most junior equity tranche.
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The Loan Syndications and Trading Association has championed the merits of a "Qualified CLO", which would require a manager to hold 5% of the fund's most junior slice, the equity, and meet a number of tests in areas including diversification and structural protections, to comply with risk-retention rules.
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A week and a half after Republicans in the Senate changed their own rules to secure the confirmation of Judge Neil Gorsuch, he now occupies the position at the end of the bench, furthest to the right — the spot reserved for the most junior justice on the court.
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CLOs, which pool loans of different credit quality, sell slices of the fund of varying seniority, from Triple A to B. Cutting the rate paid to senior investors through a refinancing increases payments to holders of the equity, the most junior and riskiest part of a CLO, who are paid last after the fund's bondholders.
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During oral arguments, which had been scheduled for 30 minutes, the judges questioned how credit risk should be defined and whether mangers should be forced to hold 5% of the CLO or, as the LSTA and other trade groups suggested, 103% of the equity tranche, the most junior and riskiest slice of the fund.
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WASHINGTON — Three days after the fierce battle over his nomination ended in his elevation to the Supreme Court, Justice Brett M. Kavanaugh joined his new colleagues on the bench for the first time on Tuesday morning, taking a seat on the far right side of the bench, in the spot reserved for the most junior justice.
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The bank said it plans to add "springing" Libor replacement language to the D and E tranches — the two most junior debt slices that were not reworked — which would allow for Libor replacement language to become effective at a later date, in case the non-consenting holder changes its mind or sells the note, the source said.
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From the first day of his confirmation hearings, the nomination got bogged down by questions about Gray's partisan activities while serving as the acting head of the FBI during Nixon's reelection campaign — questions raised at one point by a second-term senator from West Virginia who was one of the two most-junior Democratic members of the committee at the time: Sen.
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Despite being the most junior member of the court, Kavanaugh, who was confirmed in a narrow 50-48 Senate vote last year after being bombarded with accusations of sexual assault, is now only second to Ruth Bader GinsburgRuth Bader GinsburgMajority disapprove of Trump Supreme Court nominations, says poll Buttigieg defends court-packing proposal at Democratic debate Ocasio-Cortez is getting her own action figure MORE in terms of public awareness.
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