Senators Dorgan and Reid released the General Accounting Office audit before the end of the traditional 30-day comment period, a time given to the subject of any GAO audit to put together a response. But the Senators said they wanted the information out before Alan Greenspan testifies tomorrow before the Senate Banking Committee. The committee is considering President Clinton's renomination of Greenspan to be chairman of the Fed. The Fed issued a statement today saying it would not be appropriate to comment on the audit since it had been released prematurely. I'm John Dimsdale in Washington.
Today marks the anniversary of one of the worst tragedies in U.S. labor history.
Labor Secretary Robert Reich chose today's anniversary to further his campaign to curb the abuse of workers in the clothing industry. The initiative drew criticism from the industry today. The National Retail Federation said the answer to the problem is better policing and prosecution of labor law violators. And retail industry consultant Ike Lanado with Tactical Retail Solutions says this is no time for a boycott of clothing manufacturers. I think that initiatives in terms of training and so forth are so much more constructive than these quasi-boycott sorts of activities.