State of the U.S. Economy
The committee heard testimony from business leaders on the state of the U.S. economy and American global economic… read more
The committee heard testimony from business leaders on the state of the U.S. economy and American global economic competitiveness. Issues discussed included recent economic indicators including the testimony of Federal Reserve Chairman Alan Greenspan before congressional committees earlier in the week and a rise in the number of unemployed Americans announced earlier in the day. Earlier in the week Smith-Corona announced plans to close their New York plant and move their operations to Mexico. close
People in this video
- Pat Choate Director (Former) TRW, Inc.->Policy Analysis
- Craig Fields President Microelectronics and Computer Tech. Corp.
- G. Lee Thompson Chairman Smith-Corona Corporation
Federal Reserve Report on Economy
The committee heard testimony from the chairman of the Federal Reserve on the state of the U.S.…
The committee heard testimony on the state of the U.S. economy with emphasis on the trade deficit with Japan.
Mr. Greenspan testified before a joint meeting on the worsening U.S. economy. He suggested possible solutions.
Comptroller of Currency Confirm. Hearing PM
The committee continued to hear testimony from Robert Clarke, Comptroller of the currency in the Department of the…