[Congressional Record Volume 140, Number 8 (Thursday, February 3, 1994)]
[House]
[Page H]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]


[Congressional Record: February 3, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]


                              {time}  1020
 
         WHITEWATER AND THE PROMISE OF A CONGRESSIONAL HEARING

  (Mr. STEARNS asked and was given permission to address the House for 
1 minute and to revise and extend his remarks.)
  Mr. STEARNS. Mr. Speaker, on this floor 2 days ago, we heard the 
distinguished chairman of the Banking Committee, in 10 instances, give 
his assurance that he would hold hearings sometime this year on 
Whitewater.
  It is important to look into the many questions surrounding this 
whole real estate investment deal and the failed savings and loan that 
cost taxpayers over $60 million.
  The Banking Committee under its chairman has had investigations into 
Silverado, BCCI, BNL. Now the chairman's priority is the investigation 
of a bank in Spain. Let us hope that Arkansas Whitewater investigation 
will be as thorough and vigorous as the zeal of the Banking Committee 
to investigate banks outside the United States.
  Mr. Speaker, if we can have investigations into all of these matters, 
certainly we can get to the bottom of Whitewater. But let's make sure 
we have some substantial hearings into this matter in Congress. The 
last thing the American people want in this case is a whitewash of 
Whitewater.

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