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United State. Congress. House. Commettice on
Ways and Means. Subcommittee on Oversight,
GOVERNMENT-SPONSORED ENTERPRISES

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COMMITTEE ON WAYS AND MEANS

HOUSE OF REPRESENTATIVES

ONE HUNDRED FIRST CONGRESS

SECOND SESSION

0689
334

MAY 14, 1990

VOLUME II
VOLUME I IS SERIAL 101-65

Serial 101-112

Printed for the use of the Committee on Ways and Means

33-774

1832

U.S. GOVERNMENT PRINTING OFFICE

WASHINGTON 1990

For sale by the Superintendent of Documents, Congressional Sales Office
U.S. Government Printing Office, Washington, DC 20402

COMMITTEE ON WAYS AND MEANS

DAN ROSTENKOWSKI, Illinois, Chairman

SAM M. GIBBONS, Florida
J.J. PICKLE, Texas

CHARLES B. RANGEL, New York
FORTNEY PETE STARK, California
ANDY JACOBS, JR., Indiana
HAROLD FORD, Tennessee
ED JENKINS, Georgia

THOMAS J. DOWNEY, New York
FRANK J. GUARINI, New Jersey
MARTY RUSSO, Illinois

DON J. PEASE, Ohio

ROBERT T. MATSUI, California
BERYL ANTHONY, JR., Arkansas
RONNIE G. FLIPPO, Alabama

BYRON L. DORGAN, North Dakota
BARBARA B. KENNELLY, Connecticut
BRIAN J. DONNELLY, Massachusetts
WILLIAM J. COYNE, Pennsylvania
MICHAEL A. ANDREWS, Texas
SANDER M. LEVIN, Michigan
JIM MOODY, Wisconsin

BENJAMIN L. CARDIN, Maryland

BILL ARCHER, Texas

GUY VANDER JAGT, Michigan

PHILIP M. CRANE, Illinois

BILL FRENZEL, Minnesota

DICK SCHULZE, Pennsylvania

BILL GRADISON, Ohio

WILLIAM M. THOMAS, California
RAYMOND J. MCGRATH, New York
HANK BROWN, Colorado
ROD CHANDLER, Washington
E. CLAY SHAW, JR., Florida
DON SUNDQUIST, Tennessee
NANCY L. JOHNSON, Connecticut

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GOVERNMENT-SPONSORED ENTERPRISES

MONDAY, MAY 14, 1990

HOUSE OF REPRESENTATIVES,
COMMITTEE ON WAYS AND MEANS,

SUBCOMMITTEE ON OVERSIGHT,

Washington, D.C.

The subcommittee met, pursuant to call, at 2 p.m., in room 1100, Longworth House Office Building, Hon. J.J. Pickle (chairman of

the subcommittee) presiding.

[The press release announcing the hearing follows:]

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