I think it is the absolute responsibility of the Committee on Banking, Finance and Urban Affairs to hold hearings on the RTC regulation of savings and loans in Arkansas. I also think that comparing this to Watergate is essential; it is important, it is revealing. Watergate revealed a great deal of more information to the American people, and they are the ones who should know, than the independent counsel would have exposed to the American people had there not been hearings on Watergate. Mr. Speaker, if we want to accept the responsibility as public officials to the American people, I think it is important for this Congress to hold hearings. ... It is vital for us to understand how we can compare the President's budget to a real balanced budget bill.
Wayne Gilchrest: “I think it is the absolute responsibility of the Committee on Banking, Finance and Urban Affairs to hold hearings on the…”
Editor's note · Context
Discussing the need for hearings on the Whitewater incident and the budget deficit.
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