It represents a substantial decline in the public willingness to go ahead and check off for contributions for Federal funding for Presidential elections. If there are any two public priorities today, I think one is the obligation we have…

We could go through any number of items, just as we have come up with the decision some time ago to have a checkoff for Presidential election campaigns, which was a decision made by a legislative body, put on, and the taxpayer is faced…

Further, it is my understanding that the oversight board may issue rules and regulations and standards consistent with its responsibilities in setting policies and goals for case resolution. In Mr. Altman's February 1 letter to the…

As the Senator from New York has indicated, we are really up against some time realities here as you pointed out, to try and obtain the Senate Banking Committee's oversight hearings prior to February 28, knowing we have a recess that is…

So this would not be an exception? This would be a conventional policy of RTC, to simply extend the tolling agreement or, in the event the RTC cannot obtain the tolling agreements, then the RTC could file appropriate civil claims against…

I wonder, it is my understanding that this board has broad authority relating to the overall direction the RTC takes. For instance, the board is authorized to review the RTC's overall strategies, policies, and goals for resolution of…

First, let me compliment him for his efforts in generating the signatures of 40 Senators on the letter to Mr. Altman. But I wonder if I could inquire of the distinguished ranking member of the Banking Committee specifically whether or not…

I wonder if the Senator from New York has any idea as to why these posts have not been filled by permanent appointees?

So, in other words, the RTC could determine in this case to seek a tolling of the statute of limitations in the Madison case without having to gain the approval of the oversight board? That is within the authority of the Chief Executive…

Prior to reading it, because I do not want to interrupt the continuity, the Senator from Alaska believes we should take a closer look at the operations of the oversight board and consider the appropriateness of contacting its members with…

as President Clinton prepares for his summit with Prime Minister Hosokawa later this week, I want to make several points about the framework negotiations on insurance. First and foremost, the United States must not accept an agreement…

I wonder if the Senator is certain that February 28 is the date the statute of limitations would run out with regard to Madison Guaranty.

With regard to that and the relevance of the anniversary date to the RTC law enforcement responsibilities, one can only assume it would relate to a determination that the RTC should make with respect to entering into these tolling…

I think, if you boil this dialog down to one simple thing, it is simply asking Mr. Altman as interim CEO of the Resolution Trust Corporation to come forward and simply extend the tolling agreement on Madison, which would extend of course…

We have heard this is far from the largest S&L bailout that the taxpayers have had to pay. As we know, we have had billion- dollar savings and loan failures and we have large cases that are still pending. But would you not expect that the…

I wonder, in the case of where the RTC would fail to enter into a tolling agreement before the 28th of February, are there any other remedies available to the American taxpayer, assuming the RTC fails to file a lawsuit?

I hope the Resolution Trust Corporation, under Mr. Altman, will reflect on--and the directors and those involved--the necessity of a very simple extension which would give the assurance to the public that there will be adequate time to do…

Currently the taxpayers are subjected to about $47 million to the Madison bailout; is that generally the Senator's understanding?

I hope that those that might question the motivation here recognize the significance of what the Senator from New York has pointed out. Indeed, by the 28th of this month, it may be too late to pursue, on behalf of the taxpayers, the…

I commend the Senator from New York. I do not think this is a politically motivated action of any kind. It is simply an action to recognize the reality that comes the 28th of this month, it very possibly will be too late to pursue any…

I understand that the Senator from New York has sent letters on two separate occasions to the RTC inquiring specifically as to the status of the statute of limitations.

This is what bothers the Senator from Alaska. Why would not the RTC want to simply extend the tolling agreement so that they could pursue the civil action and not run the risk of having the statute of limitations expire on February 28? I…

I rise today in support of Senator McCain's resolution expressing the strong sense of the Congress regarding North Korea's nuclear program. The resolution sends the right signal to North Korea and to the President: North Korea must halt…

I differ with my colleague. Advancement has been made as a consequence of the U.S. presence there, and the record will support that.

We could argue the merits of most-favored-nation status for China if you want to argue a parallel thing.