Opening statement from Richard H. Baker Subcommittee chairman on capital markets, securities, and government sponsored enterprises Subject: HR 3703 - the Housing Finance Regulatory Improvement Act Source: U.S. House of Representatives, Committee on Banking and Financial Services June 15, 2000

"The Subcommittee meets today for the third in a series of hearings on strengthening regulation and promoting market discipline of the housing GSEs. Hearings will continue this summer to ensure that every point of view is heard before the Subcommittee considers H.R. 3703, the "Housing Finance Regulatory Improvement Act."

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