[Congressional Record Volume 144, Number 135 (Thursday, October 1, 1998)]
[Daily Digest]
[Pages D1078-D1079]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

Committee Meetings
HEDGE FUND OPERATIONS
Committee on Banking and Financial Services: Held an oversight hearing 
on Hedge Fund Operations. Testimony was heard from the following 
officials of the Federal Reserve System: Alan Greenspan, Chairman, 
Board of Governors; and William J. McDonough, President, New York 
Federal Reserve Bank; Donna Tanoue, Chairman, FDIC; Brooksley Born, 
Chairperson, Commodity Futures Trading Commission; Julie Williams, 
Acting Comptroller of the Currency, Department of the Treasury; Richard 
Lindsey, Director, Division of Market Regulation, SEC; and public 
witnesses.
COMPACTS OF FREE ASSOCIATION
Committee on Resources: and the Subcommittee on Asia and the Pacific of 
the Committee on International Relations held a joint oversight hearing 
on Compacts of Free Association with the Marshall Islands, Federated 
States of Micronesia, and Palau. Testimony was heard from Stanley Roth, 
Assistant Secretary, East Asian and Pacific Affairs, Department of 
State; Allen P. Stayman, Director, Office of Insular Affairs, 
Department of the Interior; Kurt M. Campbell, Deputy Assistant 
Secretary, Asian and Pacific Affairs, Department of Defense; Phillip 
Muller, Minister of Foreign Affairs and Trade, Republic of the Marshall 
Islands; Ambassador Hersey Kyota, Republic of Palau; and Asterio R. 
Takesy, Executive Director, Joint Committee on Compact Economic 
Negotiations, Federated States of Micronesia.
CONFERENCE REPORT--TREASURY, POSTAL SERVICE, GENERAL GOVERNMENT 
APPROPRIATIONS
Committee on Rules: Granted, by voice vote, a rule waiving all points 
of order against the conference report to accompany H.R. 4104, making 
appropriations for the Treasury Department, the United States Postal 
Service, the Executive Office of the President, and certain Independent 
Agencies, for the fiscal year ending September 30, 1999, and against 
its consideration. The rule provides that the conference report shall 
be considered as read. Testimony was heard from Representatives Kolbe 
and Hoyer.

[[Page D1079]]


CLASS ACTION JURISDICTION ACT
Committee on Rules: Granted, by a voice vote, an open rule providing 1 
hour of debate on H.R. 3789, Class Action Jurisdiction Act of 1998. The 
rule makes in order as an original bill for the purpose of amendment 
the Judiciary Committee amendment in the nature of a substitute printed 
in the bill, and provides that each section will be considered as read. 
The rule provides priority in recognition to Members who have pre-
printed their amendments in the Congressional Record. The rule allows 
the Chairman of the Committee of the Whole to postpone recorded votes 
and reduces the voting time to five minutes, providing that the minimum 
time for voting on the first in any series of votes is not less than 15 
minutes. Finally, the rule provides one motion to recommit with or 
without instructions. Testimony was heard from Representatives Bryant, 
Coble, Frank of Massachusetts and Jackson-Lee.
LABOR, HEALTH AND HUMAN SERVICES, AND EDUCATION APPROPRIATIONS
Committee on Rules: Granted, by voice vote, an open rule on H.R. 4272, 
making appropriations for the Department of Labor, Health and Human 
Services, and Education, and related agencies for the fiscal year 
ending September 30, 1999 providing ninety minutes of general debate to 
be equally divided between the chairman and ranking minority member of 
the Committee on Appropriations. The rule waives clause 2 (prohibiting 
unauthorized and legislative provisions in an appropriations bill) and 
clause 6 (prohibiting reappropriations in an appropriations bill) of 
rule XXI against provisions in the bill except as otherwise specified 
in the rule. The rule makes in order those amendments printed in the 
Rules Committee report which may only be offered by the Member 
designated, shall be considered as read, shall be debatable for the 
time specified in the report equally divided and controlled by the 
proponent and an opponent, shall not be subject to amendment except as 
specified in the report, and shall not be subject to a demand for a 
division of the question. The rule waives all points of order against 
the amendments printed in the report. The rule authorizes the Chair to 
accord priority in recognition to Members who have pre-printed their 
amendments in the Congressional Record. The rule allows for the 
Chairman of the Committee of the Whole to postpone votes during 
consideration of the bill, and to reduce votes to five minutes on a 
postponed question if the vote follows a fifteen minute vote. Finally, 
the rule provides one motion to recommit with or without instructions. 
Testimony was heard from Representatives Istook and Greenwood.
OVERSIGHT--NASA AT 40
Committee on Science: Subcommittee on Space and Aeronautics held an 
oversight hearing on NASA at 40: What kind of space program does 
America need for the 2lst century? Testimony was heard from Daniel S. 
Goldin, Administrator, NASA; and public witnesses.

Joint Meetings
INTELLIGENCE AUTHORIZATION
  Conferees met to resolve the differences between the Senate-and 
House-passed versions of H.R. 3694, to authorize funds for fiscal year 
1999 for intelligence and intelligence-related activities of the United 
States Government, the Community Management Account, and the Central 
Intelligence Agency Retirement and Disability System, and recessed 
subject to call.