Stanford Law Library 3 6105 062 561 845 COMMITTEE ON COMMERCE TOM BLILEY, Virginia, Chairman W.J. “BILLY” TAUZIN, Louisiana JAMES C. GREENWOOD, Pennsylvania VITO FOSSELLA, New York ED BRYANT, Tennessee JOHN D. DINGELL, Michigan HENRY A. WAXMAN, California EDWARD J. MARKEY, Massachusetts RALPH M. HALL, Texas RICK BOUCHER, Virginia BART GORDON, Tennessee ROBERT L. EHRLICH, Jr., Maryland JAMES E. DERDERIAN, Chief of Staff REID P.F. STUNTZ, Minority Staff Director and Chief Counsel CONTENTS Page Baker, Hon. Richard H., a Representative in Congress from the State Greenspan, Hon. Alan, Chairman, Board of Governors, Federal Reserve Levitt, Hon. Arthur, Chairman, Securities and Exchange Commission Roukema, Hon. Marge, a Representative in Congress from the State Rubin, Hon. Robert E., Secretary of the Treasury, accompanied by Rich- ard S. Carnell, Assistant Secretary of the Treasury, Department of Schultz, Arnold, Board Chairman, the Grundy National Bank Sinder, Scott A., Partner, Baker and Hostetler, LLP, on behalf of Inde- pendent Insurance Agents of America, National Association of Life Underwriters, and National Association of Professional Insurance Sutton, Mark P., President, Private Client Group, Paine Webber Inc Zimpher, Craig, Vice President, Government Relations, Nationwide Insur- |