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Y 4. B22/1:101-152
URUGUAY ROUND NEGOTIATIONS ON FINANCIAL

SERVICES

HEARING

BEFORE THE

SUBCOMMITTEE ON
FINANCIAL INSTITUTIONS SUPERVISION,

REGULATION AND INSURANCE
TASK FORCE ON INTERNATIONAL COMPETITIVENESS

OF U.S. FINANCIAL INSTITUTIONS

OF THE

COMMITTEE ON BANKING, FINANCE AND

URBAN AFFAIRS
HOUSE OF REPRESENTATIVES

ONE HUNDRED FIRST CONGRESS

SECOND SESSION

JULY 17, 1990

Printed for the use of the Committee on Banking, Finance and Urban Affairs

Serial No. 101-152

STANFORD UNIVERSITA

ES RECORD ONLY:

APR 1991

JONSSON

(LIBRARY

OF GOVT DOCUMENTS

U.S. GOVERNMENT PRINTING OFFICE

32-420

WASHINGTON : 1991

For sale by the Superintendent of Documents, Congressional Sales Office

U.S. Government Printing Office, Washington, DC 20402

HOUSE COMMITTEE ON BANKING, FINANCE AND URBAN AFFAIRS

HENRY B. GONZALEZ, Texas, Chairman FRANK ANNUNZIO, Ilinois

CHALMERS P. WYLIE, Ohio WALTER E. FAUNTROY, District of

JIM LEACH, Iowa Columbia

NORMAN D. SHUMWAY, California STEPHEN L. NEAL, North Carolina

STAN PARRIS, Virginia CARROLL HUBBARD, Jr., Kentucky

BILL MCCOLLUM, Florida JOHN J. LAFALCE, New York

MARGE ROUKEMA, New Jersey MARY ROSE OAKAR, Ohio

DOUG BEREUTER, Nebraska BRUCE F. VENTO, Minnesota

DAVID DREIER, California DOUG BARNARD, JR., Georgia

JOHN HILER, Indiana CHARLES E. SCHUMER, New York

THOMAS J. RIDGE, Pennsylvania BARNEY FRANK, Massachusetts

STEVE BARTLETT, Texas RICHARD H. LEHMAN, California

TOBY ROTH, Wisconsin BRUCE A. MORRISON, Connecticut

ALFRED A. (AL) McCANDLESS, California MARCY KAPTUR, Ohio

JIM SAXTON, New Jersey BEN ERDREICH, Alabama

PATRICIA F. SAIKI, Hawaii THOMAS R. CARPER, Delaware

JIM BUNNING, Kentucky ESTEBAN EDWARD TORRES, California RICHARD H. BAKER, Louisiana GERALD D. KLECZKA Wisconsin

CLIFF STEARNS, Florida BILL NELSON, Florida

PAUL E. GILLMOR, Ohio
PAUL E. KANJORSKI Pennsylvania

BILL PAXON, New York
ELIZABETH J. PATTERSON, South Carolina
JOSEPH P. KENNEDY II, Massachusetts
FLOYD H. FLAKE, New York
KWEISI MFUME, Maryland
DAVID E. PRICE, North Carolina
NANCY PELOSI, California
JIM MCDERMOTT, Washington
PETER HOAGLAND, Nebraska
RICHARD E. NEAL, Massachusetts
ELIOT L. ENGEL, N.Y.

SUBCOMMITTEE ON FINANCIAL INSTITUTIONS SUPERVISION, REGULATION AND

INSURANCE

FRANK ANNUNZIO, Illinois, Chairman CARROLL HUBBARD, JR., Kentucky

CHALMERS P. WYLIE, Ohio DOUG BARNARD, JR., Georgia

JIM LEACH, Iowa JOHN J. LaFALCE, New York

NORMAN D. SHUMWAY, California MARY ROSE OAKAR, Ohio

BILL McCOLLUM, Florida BRUCE F. VENTO, Minnesota

DAVID DREIER, California CHARLES E. SCHUMER, New York

STAN PARRIS, Virginia BARNEY FRANK, Massachusetts

MARGE ROUKEMA, New Jersey RICHARD H. LEHMAN, California

DOUG BEREUTER, Nebraska MARCY KAPTUR, Ohio

STEVE BARTLETT, Texas BILL NELSON, Florida

TOBY ROTH, Wisconsin PAUL E. KANJORSKI, Pennsylvania

JOHN HILER, Indiana HENRY B. GONZALEZ, Texas

THOMAS J. RIDGE, Pennsylvania STEPHEN L. NEAL, North Carolina

ALFRED A. (AL) McCANDLESS, California BEN ERDREICH, Alabama

JIM SAXTON, New Jersey THOMAS R. CARPER, Delaware

PATRICIA F. SAIKI, Hawaii ESTEBAN EDWARD TORRES, California JIM BUNNING, Kentucky GERALD D. KLECZKA, Wisconsin

RICHARD H. BAKER, Louisiana
ELIZABETH J. PATTERSON, South Carolina CLIFF STEARNS, Florida
DAVID E. PRICE, North Carolina

PAUL E. GILLMOR, Ohio
JOSEPH P. KENNEDY II, Massachusetts
WALTER E. FAUNTROY, District of

Columbia
FLOYD H. FLAKE, New York
KWEISI MFUME, Maryland
NANCY PELOSI, California
JIM MCDERMOTT, Washington
PETER HOAGLAND, Nebraska
ELIOT L. ENGEL, New York

(II)

INTERNATIONAL COMPETITIVENESS OF UNITED STATES FINANCIAL INSTITUTIONS TASK

FORCE

JOHN J. LAFALCE, New York, Chairman DOUG BARNARD, Jr., Georgia

DAVID DREIER, California RICHARD H. LEHMAN, California

DOUG BEREUTER, Nebraska BILL NELSON, Florida

TOBY ROTH, Wisconsin STEPHEN NEAL, North Carolina

JOHN HILER, Indiana
BEN ERDREICH, Alabama

ALFRED A. McCANDLESS, California
ESTEBAN EDWARD TORRES, California JIM SAXTON, New Jersey
ELIZABETH J. PATTERSON, South Carolina PATRICIA SAIKI, Hawaii
DAVID E. PRICE, North Carolina

NORMAN D. SHUMWAY, California
JOSEPH P. KENNEDY, II, Massachusetts
WALTER E. FAUNTROY, District of

Columbia
NANCY PELOSI, California

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