Sen. Mike Crapo, R-Idaho, vice chairman of the Subcommittee on International Trade and Finance, has announced an oversight hearing on the International Monetary Fund and international financial institutions.

"The Meltzer Commission report warrants Congressional oversight," Crapo said. "The report makes it clear that the time for IMF reform is now. This hearing is a chance to move the process of reform forward."

WHAT:

Subcommittee on International Trade and Finance

WHEN:

9:30 a.m. Thursday, April 27, 2000

WHERE:

538 Dirksen Senate Building

WHO:

The Honorable Timothy Geithner
Under Secretary of the Treasury for International Affairs
U.S. Department of the Treasury

Dr. Allan Meltzer
Chairman, International Financial Institution Advisory Commission
Professor, Graduate School of Industrial Administration
Carnegie Mellon University

Dr. C. Fred Bergsten
Member, International Financial Institution Advisory Commission
Director, Institute for International Economics

Mr. Adam Lerrick
Senior Advisor
International Financial Institution Advisory Commission

Dr. Steven Hanke
Professor of Applied Economics
The Johns Hopkins University