Condition of the U.S. banking system

US - Federal Reserve Board chairman Alan Greenspan testified before the Committee on Banking, Housing, and Urban Affairs at the U.S. Senate on 20 June.

The following is the full text of Federal Reserve Chairman Alan Greenspan's testimony issued 20 June on the condition of the U.S. banking system before the Senate Committee on Banking, Housing and Urban Affairs:

Mr. Chairman and members of the Committee, I am pleased to be here this morning to discuss the condition of the U.S. banking system. In my

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