[Congressional Record Volume 149, Number 169 (Thursday, November 20, 2003)]
[Daily Digest]
[Pages D1308-D1309]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

Committee Meetings
(Committees not listed did not meet)
IRAQ
Committee on Armed Services: Committee met in closed session to receive 
a briefing on an assessment of the current situation in Iraq from Vice 
Admiral Lowell E. Jacoby, USN, Director, and Jami Miscik, Deputy 
Director for Intelligence, Central Intelligence Agency.
NEW YORK STOCK EXCHANGE
Committee on Banking, Housing, and Urban Affairs: Committee concluded a 
hearing to examine improving the corporate governance of the New York 
Stock Exchange (NYSE), focusing on broker-dealer self-regulation, and 
regulatory autonomy with market sensitivity, after receiving testimony 
from William H. Donaldson, Chairman, Securities and Exchange 
Commission; and John S. Reed, New York Stock Exchange, New York, New 
York.
MUTUAL FUND INDUSTRY
Committee on Banking, Housing, and Urban Affairs: Committee concluded a 
hearing to examine current investigations and regulatory actions 
regarding the mutual fund industry, focusing on the Securities and 
Exchange Commission's examination authority, disclosure, recent 
enforcement efforts and Rule 2830, cash and non-cash compensation 
practices and arrangements, breakpoint discounts, late trading and 
market timing, and investor education, after receiving testimony from 
Stephen M. Cutler, Director, Division of Enforcement, Securities and 
Exchange Commission; Robert R. Glauber, National Association of 
Securities Dealers, New York, New York; and New York State Attorney 
General Eliot Spitzer, Albany.
PRESCRIPTION DRUG REIMPORTATION
Committee on Commerce, Science, and Transportation: Committee concluded 
a hearing to examine prescription drug importation, focusing on public 
health threats posed by the importation of unapproved, adulterated and 
misbranded drugs, as well as counterfeit drugs from foreign and 
domestic sources that pose a threat to the health and safety of U.S. 
consumers, after receiving testimony from Senators Santorum and 
Stabenow; Representatives Gutknecht and Sanders; former Representative 
David Funderburk, on behalf of TREA Senior Citizens League, Alexandria, 
Virginia; Minnesota Governor Tim Pawlenty, St. Paul; John M. Taylor 
III, Associate Commissioner for Regulatory Affairs, Food and Drug 
Administration, Department of Health and Human Services; Carmen A. 
Catizone, National Association of Boards of Pharmacy, Park Ridge, 
Illinois; Lewis Lubka, Fargo, North Dakota, on behalf of the Alliance 
for Retired Americans; and Donald MacArthur, European Association of 
Euro-Pharmaceutical Companies, Essex, England.
NORTHEAST BLACKOUT
Committee on Governmental Affairs: Subcommittee on Oversight of 
Government Management, the Federal Workforce and the District of 
Columbia, concluded a hearing to examine the August 2003 Northeast 
blackouts and the Federal role in managing the Nation's electricity, 
focusing on events, actions, failures, and conditions that led to the 
blackout and caused it to effect such a large region, as well as 
questions relating to nuclear power operations and security of the grid 
control system, after receiving testimony from Pat Wood III, Chairman, 
Federal Energy Regulatory Commission; James W. Glotfelty, Director, 
Office of Electric Transmission and Distribution, Department of Energy; 
and Michehl R. Gent, North American Electric Reliability Council, 
Princeton, New Jersey.
U.S. TAX SHELTER INDUSTRY
Committee on Governmental Affairs: Permanent Subcommittee on 
Investigations concluded a hearing to examine the role of professional 
organizations like accounting firms, law firms, and financial 
institutions in developing, marketing and implementing tax shelters, 
after receiving testimony from Mark Everson, Commissioner, Internal 
Revenue Service, Department of the Treasury; Richard Spillenkothen, 
Director, Banking Supervision and Regulation, Federal Reserve System; 
William J. McDonough, Public Company Accounting Oversight Board, 
Washington, D.C.; N. Jerold Cohen, Sutherland, Asbill, and Brennan, 
Atlanta, Georgia; John Larson, Presidio Advisory Services, San 
Francisco, California; Jeffrey

[[Page D1309]]

Greenstein, Quellos Group, LLC, Seattle, Washington; Raymond J. Ruble, 
and Thomas R. Smith, Jr., Sidley, Austin, Brown, and Wood, LLP, William 
Boyle, Deutsch Bank AG, Domenick DeGiorgio, HVB America, Inc., all of 
New York, New York.