Global Financial Services Markets
1998-04-22T06:41:43-04:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvMTRlXC8xOTk4MDQyMjA2NTE1NTAwMl9oZC5qcGciLCJlZGl0cyI6eyJyZXNpemUiOnsiZml0IjoiY292ZXIiLCJoZWlnaHQiOjUwNn19fQ==Banking Committee chairman Representative Jim Leach, R-Iowa, talked about the coming global financial services market and the steps Congress should take to keep the U.S. competitive. He noted that the new high-tech world of international finance must be understood, as well as the current “merger mania.” He also cautioned that the Asian “financial contagion” will affect even a strong economy like the U.S., particularly in the coastal states and Midwestern agriculture. After his prepared remarks, Rep. Leach took questions from the audience.
Banking Committee chairman Representative Jim Leach, R-Iowa, talked about the coming global financial services market and the steps Congress… read more
Banking Committee chairman Representative Jim Leach, R-Iowa, talked about the coming global financial services market and the steps Congress should take to keep the U.S. competitive. He noted that the new high-tech world of international finance must be understood, as well as the current “merger mania.” He also cautioned that the Asian “financial contagion” will affect even a strong economy like the U.S., particularly in the coastal states and Midwestern agriculture. After his prepared remarks, Rep. Leach took questions from the audience. close
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