Cliff Stearns: “on this floor 2 days ago, we heard the distinguished chairman of the Banking Committee, in 10 instances, give his…”

“on this floor 2 days ago, we heard the distinguished chairman of the Banking Committee, in 10 instances, give his assurance that he would hold hearings sometime this year on Whitewater. It is important to look into the many questions surrounding this whole real estate investment deal and the failed savings and loan that cost taxpayers over $60 million. The Banking Committee under its chairman has had investigations into Silverado, BCCI, BNL. Now the chairman's priority is the investigation of a bank in Spain. Let us hope that Arkansas Whitewater investigation will be as thorough and vigorous as the zeal of the Banking Committee to investigate banks outside the United States. Mr. Speaker, if we can have investigations into all of these matters, certainly we can get to the bottom of Whitewater. But let's make sure we have some substantial hearings into this matter in Congress. The last thing the American people want in this case is a whitewash of Whitewater.”