November 13, 1997

1997-11-13T22:08:23-05:00

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Committee members heard testimony from Chairman Greenspan regarding the vulnerability of Asian markets. Deputy Secretary Summers and other economists also testified about the impact of Asian markets on the U.S. economy. The New York Stock Exchange suffered a significant loss a few weeks ago following a panic in the Asian markets.

Committee members heard testimony from Chairman Greenspan regarding the vulnerability of Asian markets. Deputy Secretary Summers and other… read more