In the United States, perhaps the most visible Moon controlled entity is The Washington Times—a newspaper which has enjoyed considerable influence both in Washington and internationally. Former President Ronald Reagan said it was his favorite newspaper and that he read it every day. When the Times celebrated its 25th anniversary in 2007—former President George H.W. Bush was the headliner. Han Sang Keuk and Bo Hi Pak have both been top executives of the Times. It is reported that the Moon group spent some $2 billion on a newspaper that has never returned a profit.