SPEAKER INDEX CONTENTS INSERTS BACHUS 6 9 1 10 11 12 56 70 72 76 80 83 84 88 92 96 97 98 99 100 101 102 110 116 117 12 13 16 20 21 22 23 24 28 32 33 37 40 42 47 48 52 53 BAKER 28 29 40 61 62 66 68 BARR 57 58 59 60 61 62 BENTSEN 43 46 47 111 114 116 BURNS 76 96 97 99 109 GONZALEZ 53 56 HAMMOND 17 21 23 25 26 33 34 35 51 54 56 61 62 63 67 HINOJOSA 66 68 KANJORSKI 11 62 63 KELLY 13 38 39 40 41 42 MENDENHALL 71 72 100 101 104 117 MEYER 14 20 21 22 23 24 27 28 32 36 37 38 39 40 41 42 45 46 50 51 58 59 60 61 NIELSEN 80 OXLEY 7 PARSONS 92 97 98 105 106 114 115 RILEY 48 50 51 52 ROEBUCK 88 ROUKEMA 12 SHERMAN 9 TORRES 84 107 WATERS 5 24 25 26 27 28 WATT 33 34 35 37 102 104 105 106 107 109 WELDON 11 CONTENTS SPEAKERS INSERTS STATEMENT OF HON. LAURENCE J. MEYER, MEMBER, BOARD OF GOVERNORS, FEDERAL RESERVE SYSTEM PAGE 13 STATEMENT OF HON. DONALD V. HAMMOND, ACTING UNDER SECRETARY FOR DOMESTIC FINANCE, DEPARTMENT OF THE TREASURY PAGE 16 STATEMENT OF RICHARD A. MENDENHALL, PRESIDENT, NATIONAL ASSOCIATION OF REALTORS PAGE 71 STATEMENT OF PHILIP M. BURNS, CHAIRMAN AND CEO, FARMERS & MERCHANTS NATIONAL BANK, WEST POINT, NE, ON BEHALF OF THE AMERICAN BANKERS ASSOCIATION PAGE 76 STATEMENT OF ROBERT NIELSEN, PRESIDENT, SHELTER PROPERTIES, INC., ON BEHALF OF THE NATIONAL ASSOCIATION OF HOME BUILDERS PAGE 80 STATEMENT OF FRANK TORRES, LEGISLATIVE COUNSEL, CONSUMERS UNION PAGE 84 STATEMENT OF JOHN ROEBUCK, CAI, AARE, CHAIRMAN OF THE BOARD, NATIONAL AUCTIONEERS ASSOCIATION PAGE 88 STATEMENT OF RICHARD J. PARSONS, EXECUTIVE VICE PRESIDENT, BANK OF AMERICA CORP., ON BEHALF OF FINANCIAL SERVICES ROUNDTABLE PAGE 92 INSERTS SPEAKERS CONTENTS NO INSERTS IN THIS HEARING