FOR IMMEDIATE RELEASE:

CONTACT: Jesse Jacobs - 202-224-4524

Thursday, June 27, 2002

Craig Davis - 202-224-7391



SARBANES ANNOUNCES HEARING
ON MONETARY POLICY REPORT

FEDERAL RESERVE CHAIRMAN GREENSPAN
TO APPEAR JULY 16

Senator Paul S. Sarbanes (D-MD), Chairman of the Banking, Housing, and Urban Affairs Committee, has announced that Federal Reserve Chairman Alan Greenspan will appear before the full Committee to deliver his semi-annual report on monetary policy.

The hearing will be held:

TUESDAY, JULY 16, 2002
10:00 A.M.
ROOM SD-G50
DIRKSEN SENATE OFFICE BUILDING



###