A resolution establishing a special committee administered by the Committee on Banking, Housing, and Urban Affairs to conduct an investigation involving Whitewater Development Corporation, Madison Guaranty Savings and Loan Association, Capital Management Services, Inc., the Arkansas Development Finance Authority, and other related matters.
Resolution agreed to in Senate without amendment by Yea-Nay Vote. 96-3. Record Vote No: 171.
Congressional Research Service
Official summary
Version 00 · Introduced in Senate · May 17, 1995
Establishes the Special Committee to Investigate Whitewater Development Corporation and Related Matters to be administered by the Senate Committee on Banking, Housing, and Urban Affairs. Includes as purposes of the Special Committee to investigate, hold public hearings, and report to the Congress on: (1) White House handling of documents in the office of White House Deputy Counsel Vincent Foster following his death; (2) handling of Resolution Trust Corporation (RTC) confidential information, criminal referrals, and employees in relation to Madison Guaranty Savings and Loan Association or such Corporation; (3) disclosure of the Office of Government Ethics report of July 31, 1994,or related transcripts; (4) such Association, such Corporation, and RTC policies, practices, and actions regarding such Association; (5) funding and lending practices of Capital Management Services, Inc.; (6) bond underwriting contracts between Arkansas Development Finance Authority and Lasater & Company; and (7) lending activities of Perry County Bank, Perryville, Arkansas, in connection with the 1990 Arkansas gubernatorial election.
No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Apr 7, 2025. Consult Congress.gov for the current record.
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