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Senators Investigate Removal of Regulators

August 25, 1994| Associated Press

WASHINGTON — The two ranking members of the Senate Banking, Housing and Urban Affairs Committee opened an inquiry Wednesday into the removal of three S&L regulators whose work triggered the Whitewater controversy.

Sens. Donald W. Riegle Jr. (D-Mich.) and Alfonse M. D'Amato (R-N.Y.) asked the Resolution Trust Corp., to explain why the three were placed on administrative leave.

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