The Congressional Record is a unique source of public documentation. It started in 1873, documenting nearly all the major and minor policies being discussed and debated.
“House Committee Meetings” mentioning the Federal Reserve System was published in the Daily Digest section on pages D580-D582 on June 3, 1998.
The publication is reproduced in full below:
Committee Meetings
SELECTIVE AGRICULTURE EMBARGOES ACT
Committee on Agriculture: Subcommittee on Department Operations, Nutrition, and Foreign Agriculture held a hearing on H.R. 3654, Selective Agriculture Embargoes Act of 1998. Testimony was heard from Lon Hatamiya, Administrator, Foreign Agricultural Service, USDA; and public witnesses.
DEFENSE APPROPRIATIONS
Committee on Appropriations: Subcommittee on National Security met in executive session to begin mark up of the Department of Defense appropriations for fiscal year 1999.
Will continue tomorrow.
HOW SANCTIONS CAN AFFECT U.S. POLICY INTERESTS
Committee on International Relations: Held a hearing on How Sanctions Can Affect U.S. Policy Interests. Testimony was heard from Stuart Eizenstat, Under Secretary, Economics, Business and Agricultural Affairs, Department of State; Jan Paul Acton, Assistant Director, Natural Resources and Commerce Division, CBO; and public witnesses.
OVERSIGHT--FINANCIAL SERVICES INDUSTRIES
Committee on the Judiciary: Held an oversight hearing on Effects of Consolidation on the State of Competition in the Financial Services Industry. Testimony was heard from Laurence Meyer, member, Board of Governors, Federal Reserve System; John Nannes, Deputy Assistant Attorney General, Antitrust Division, Department of Justice; Bill Baer, Director, Bureau of Competition, FTC; and public witnesses.
CONCURRENT BUDGET RESOLUTION
Committee on Rules: Granted, by voice vote, a modified closed rule on H. Con. Res. 284, revising the congressional budget for the United States Government for fiscal year 1998, establishing the congressional budget for fiscal year 1999 and setting forth appropriate budgetary levels for fiscal years 2000, 2001, 2002, and 2003, providing three hours of general debate with two hours equally divided and controlled by the chairman and ranking minority member of the Committee on the Budget, including one hour on economic goals and policies equally divided and controlled by Representative Saxton and Representative Stark. The rule provides for the consideration as an original concurrent resolution for the purpose of amendment the amendment in the nature of a substitute printed in part 1 of the Rules Committee report. The rule makes in order only those amendments in the nature of a substitute printed in part 2 of the Rules Committee report to be offered only in the order specified, only by the Member designated, debatable for one hour each equally divided and controlled and shall not be subject to amendment. The rule waives all points of order against the amendments except that if an amendment in the nature of a substitute is adopted, it is not in order to consider further substitutes. The rule allows the chairman of the Committee of the Whole to postpone votes during consideration of the concurrent resolution, and to reduce voting time to five minutes on a postponed question if the vote follows a fifteen minute vote. The rule permits the Chairman of the Budget Committee to offer amendments in the House to achieve mathematical consistency pursuant to section 305(a)(5) of the Budget Act. The rule suspends the application of House Rule XLIX (relating to the establishment of the statutory limit on the public debt) with respect to the concurrent resolution on the budget for fiscal year 1999. Testimony was heard from Chairman Kasich and Representatives Scarborough, Spratt, Minge, and Stenholm.
TIANANMEN SQUARE
Committee on Rules: Granted, by voice vote, a closed rule providing for consideration of H. Con. Res. 285, expressing the sense of the Congress that the President of the United States should reconsider his decision to be formally received in Tiananmen Square by the Government of the People's Republic of China, in the House. The rule provides one hour of debate equally divided and controlled by the Majority Leader and a Member opposed. The rule provides one motion to recommit. Testimony was heard from Chairman Gilman.
CONSTITUTIONAL AMENDMENT--RESTORING RELIGIOUS FREEDOM
Committee on Rules: Granted, by voice vote, a modified closed rule providing for consideration of H.J. Res. 78, proposing an amendment to the Constitution of the United States restoring religious freedom in the House. The rule provides that the joint resolution shall be considered as read, and that the amendment in the nature of a substitute recommended by the Committee on the Judiciary now printed in the joint resolution shall be considered as adopted. The rule provides that the previous question shall be considered as ordered on the joint resolution, as amended, and on any further amendment thereto to final passage without intervening motion except as specified. The rule provides for one hour of debate on the joint resolution, as amended, equally divided between the chairman and ranking minority member of the Committee on the Judiciary. The rule also provides for consideration of a further amendment printed in the report of the Committee on Rules accompanying this resolution, which may be offered only by the Member designated in the report, shall be considered as read, and shall be separately debatable for one hour equally divided between the proponent and an opponent. Finally, the rule provides one motion to recommit with or without instructions. Testimony was heard from Representatives Canady, Istook, Scott, Edwards, Bishop, and Green.
FUTURE OF SOCIAL SECURITY
Committee on Ways and Means: Subcommittee on Social Security continued hearings on the Future of Social Security for this Generation and the Next, examining proposals regarding personal accounts. Testimony was heard from Representative Smith of Michigan; Edward M. Gramlich, member, Board of Governors, Federal Reserve System; Fred T. Goldberg, Executive Director, Bipartisan Commission on Entitlement and Tax Reform; and public witnesses.
INDIAN NUCLEAR TESTING--PANEL FINDINGS
Permanent Select Committee on Intelligence: Met in executive session to hold a hearing on Panel Findings on the Indian Nuclear Testing. Testimony was heard from departmental witnesses.
