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Committee members heard testimony from federal banking officials concerning the effect of rising consumer delinquency on loan obligations on the economy. Much of the testimony focused on the…

The Senate Banking Committee heard testimony from General Accounting Office and Federal Reserve Board officials concerning the annual GAO report on Federal Reserve operations and management.…

Federal Reserve Board Chairman Alan Greenspan appeared before the committee to deliver his semi-annual report on the economy. He said that the strong growth in the U.S. economy may slow late…

Senator Alfonse D’Amato (R-NY) convened a hearing to allow the Banking Committee to take over the Whitewater investigation. In the recent previous weeks, Senate Democrats had prevented an ex…

Committee members heard testimony from the three nominees and Mr. Nader concerning their approaches to economic and monetary policy. President Clinton nominated Mr. Greenspan for a third ter…

Senate Banking Committee members debated Senator Alfonse D’Amato’s (R-NY) request to extend the authority of the Special Whitewater Committee indefinitely and to provide $600,000 more to fun…

Chairman Greenspan and bank regulators testified that they failed to respond adequately in 1993 to financial irregularities at Daiwa Bank in New York. Daiwa Bank disclosed this fall that one…

Senate Banking Committee members heard about the progress of dissolving the Resolution Trust Corporation by the end of the year and returning its responsibilities to the Federal Deposit Insu…

Senate Banking Committee members heard testimony from Federal Reserve Chairman Alan Greenspan concerning the status of the U.S. economy and Fed policy, which included a possible future reduc…

Senate Banking Committee members heard testimony on U.S. aid to Mexico. They were expected to address how the U.S taxpayer would be protected if our government granted Mexico a $40 million l…

The Senate Banking Committee heard testimony on U.S. aid to Mexico. Federal Reserve Chairman Alan Greenspan spoke to members about the impact of a $40 billion loan guarantee program on the M…