[Congressional Record Volume 142, Number 81 (Wednesday, June 5, 1996)]
[Daily Digest]
[Pages D564-D566]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

Committee Meetings
(Committees not listed did not meet)
COMMODITY EXCHANGE ACT REFORM
Committee on Agriculture, Nutrition, and Forestry: Committee concluded 
hearings on proposals to reform the regulatory structure for commodity 
futures and options transactions, after receiving testimony from John 
E. Tull, Jr., Acting Chairman, Commodity Futures Trading Commission; 
Steven J. Montgomery, CoBank, ACB, Englewood, Colorado; Robert K. 
Wilmouth, National Futures Association, Patrick H. Arbor, Chicago Board 
of Trade, John F. Sandner, Chicago Mercantile Exchange, and Laurence E.

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Mollner, Futures Industry Association, all of Chicago, Illinois; Daniel 
Rappaport, New York Mercantile Exchange, and Thomas Montag, Goldman, 
Sachs & Co., on behalf of the International Swaps and Derivatives 
Association, Inc., both of New York, New York; Lawrence N. Neumann, 
Benson-Quinn Company, Minneapolis, Minnesota, on behalf of the National 
Grain Trade Council; and Robert G. Easton, Commodities Corporation 
Limited, Princeton, New Jersey, on behalf of the Managed Futures 
Association.
APPROPRIATIONS--DEFENSE
Committee on Appropriations: Subcommittee on Defense held hearings on 
proposed budget estimates for fiscal year 1997 for the Department of 
Defense, focusing on medical programs, receiving testimony from Stephen 
C. Joseph, Assistant Secretary of Defense (Health Affairs); Lt. Gen. 
Alcied M. LaNoue, Surgeon General of the Army; Rear Adm. S. Todd 
Fisher, Deputy Surgeon General of the Navy; Lt. Gen. Edgar R. Anderson, 
Jr., Surgeon General of the Air Force; Brig. Gen. Bettye H. Simmons, 
Chief, U.S. Army Nurse Corps; Rear Adm. Joan M. Engel, Director, U.S. 
Navy Nurse Corps; and Brig. Gen. Linda J. Stierle, Director, U.S. Air 
Force Nursing Services.
  Subcommittee will meet again on Monday, June 10.
APPROPRIATIONS--FOREIGN ASSISTANCE
Committee on Appropriations: Subcommittee on Foreign Operations held 
hearings on proposed budget estimates for fiscal year 1997 for foreign 
assistance programs, focusing on peacekeeping efforts and international 
organizations and programs, receiving testimony from Madeleine 
Albright, United States Permanent Representative to the United Nations; 
and Col. Ronald D. Ray, Crestwood, Kentucky.
  Subcommittee recessed subject to call.
SECURITIES INVESTMENT PROMOTION ACT
Committee on Banking, Housing, and Urban Affairs: Committee concluded 
hearings on S. 1815, to provide for improved regulation of the 
securities markets, eliminate excess securities fees, and reduce the 
costs of investing, after receiving testimony from Arthur Levitt, Jr., 
Chairman, United States Securities and Exchange Commission; Christopher 
Brody, Warburg, Pincus and Co., on behalf of the National Venture 
Capital Association, and Mark D. Tomasko, Investment Counsel 
Association of America, Inc., both of New York, New York; Matthew P. 
Fink, Investment Company Institute, and Paul Saltzman, Public 
Securities Association, both of Washington, D.C.; Dee R. Harris, 
Arizona Corporation Commission, Phoenix, on behalf of the North 
American Securities Administrators Association, Inc.; and A.B. 
Krongard, Alex Brown and Sons, Inc., Baltimore, Maryland, on behalf of 
the Securities Industry Association.
CHINA MFN TRADE STATUS
Committee on Foreign Relations: Subcommittee on East Asian and Pacific 
Affairs held hearings to examine foreign policy implications of 
renewing China's most-favored-nation trading status, receiving 
testimony from Winston Lord, Assistant Secretary of State for East 
Asian and Pacific Affairs; Jennifer Hillman, General Counsel, Office of 
the United States Trade Representative; and James R. Lilley, American 
Enterprise Institute, Mike Jendrzejczyk, Human Rights Watch/Asia, 
Stephen J. Yates, Heritage Foundation, and Calman J. Cohen, Business 
Coalition for United States-China Trade, all of Washington, D.C.
  Hearings will continue tomorrow in full committee.
INFORMATION SECURITY
Committee on Governmental Affairs: Permanent Subcommittee on 
Investigations resumed hearings to examine the vulnerabilities of 
national computer information systems and networks, and Federal efforts 
to promote security within the information infrastructure, receiving 
testimony from Dan Gelber, Chief Counsel, and Jim Christy, 
Investigator, both of the Permanent Subcommittee on Investigations; 
Jack L. Brock, Jr., Director, Defense Information and Financial 
Management Systems, Accounting and Information Management Division, and 
Keith A. Rhodes, Technical Assistant Director, Office of Chief 
Scientist, both of the General Accounting Office; Richard G. Power, 
Computer Security Institute, San Francisco, California; and Richard D. 
Pethia, Carnegie Mellon University, Pittsburgh, Pennsylvania.
  Hearings will continue on Tuesday, June 25.
BUSINESS MEETING
Committee on Labor and Human Resources: Committee began markup of S. 
1221, to authorize funds for fiscal years 1996 through 2000 for the 
Legal Services Corporation, but did not complete action thereon, and 
recessed subject to call.
SMALL BUSINESS AGENDA
Committee on Small Business: Committee concluded oversight hearings on 
the implementation of the Small Business Administration agenda, 
focusing on the Administration's record in adopting and implementing 
legislation and policy initiatives sought by

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the small business community, after receiving testimony from Michael 
Brostek, Associate Director, Federal Management and Workforce Issues, 
General Government Division, and Peter F. Guerrero, Director, 
Environmental Protection Issues, Resources, Community and Economic 
Development Division, both of the General Accounting Office; Mary K. 
Ryan, Deputy Chief Counsel of Advocacy, Small Business Administration; 
S. Jackson Faris, National Federation of Independent Business, 
Washington, DC; and R. Wendell Moore, Red Hot & Blue Restaurants, Inc., 
Arlington, Virginia.
FEDERAL DISABILITY PROGRAMS
Special Committee on Aging: Committee concluded hearings to examine 
proposals to improve the Social Security Administration's disability 
insurance and supplemental security income programs by encouraging 
people with disabilities to return to work, after receiving testimony 
from Jane L. Ross, Director, Income Security Issues, Health, Education, 
and Human Services Division, General Accounting Office; John F. 
Mazzuchi, Deputy Assistant Secretary of Defense for Health Affairs; 
Mary Ridgely, Employment Resources, Inc., Madison, Wisconsin; Barbara 
Otto, SSI Coalition for A Responsible Safety Net, Chicago, Illinois; 
and Susan M. Miller, National Rehabilitation Hospital/George Washington 
University Hospital Affiliation Program, Virginia Reno, National 
Academy of Social Insurance, Tony Young, American Rehabilitation 
Association, on behalf of the Return To Work Group, and Adm. David M. 
Cooney, USN (Ret.), all of Washington, DC.
WHITEWATER
Special Committee To Investigate the Whitewater Development Corporation 
and Related Matters: Committee met and approved the issuance of a 
subpoena relative to the committee's Whitewater investigation.
  Committee recessed subject to call.