August 4, 1994 - Part 11
August 4, 1994 - Part 11
(21:50:11) Senator D'AMATO. Mr. Chairman, I believe Senator Mack--Senator Domenici, are you ready to make inquiry? Senator DOMENICI. I'm going to ask one question and make one observation. Mr. Podesta, a lot has been made, perhaps you're not aware of this, but during previous testimony that Legal Counsel for the Treasury Department, Ms. Hanson, had some major responsibility to correct the record. Once you found out about it, did you have any less responsibility and if you did, why didn't you see to it that the record was corrected? Mr. PODESTA. Senator, I think that the Administration has a duty to this Committee. As I said in my opening statement, I worked up here for a long time. I think we had a duty to you. That was what my phone call to Mr. Altman was about, was trying to find the best way to make sure the record was complete. Senator D'AMATO. For which I commend you. 460 Mr. PODESTA. And I just hope you understand that in the wake of that, in the wake of the criticism of the contacts with regardwe received a subpoena-that we thought it was not reasonable at that point to go forward talking to Treasury about their testimony what we had said and what Mr. Altman had said, and that's, I think, the best explanation I can give you for what our conduct was. Senator DOMENICI, So you're saying when Mr. Fiske issued the: subpoenas, either to you or the White House or the White House and you, that at that point you thought or were you given legal advice that perhaps you should not proceed any further with this matter? I don't understand the nature of the subpoenas. We're hearing a lot about Mr. PODESTA. Senator, the inquiry that the subpoenas were directed at was who said what to who, and I think that having more contacts in that context would have been criticized, And I think it would have been fairly criticized. So while I think people have expressed regret in these hearings about some of their conduct, the one thing I do not regret is that we did not talk to Treasury further. about the testimony or about their supplements to the testimony or the letters. Senator DOMENICI. I have one observation and frankly it may be because I don't understand all of the dynamics and the lawsuits and the pressure you're under; Mr. Stephanopoulos, with reference to all of this various testimony under oath and I gather there's a lot of that. You've testified many, many times under oath. You've stated that here. I do want to tell you honestly, while I was not as familiar with your work in the Congress as was Mr. Gephardt, for whom you worked, I did serve one time for 12 or 14 days when we put together a big economic package. And I really found that your abilities were rather spectacular, including your ability to summarize, your ability to recall, your ability to wrap up a meeting and remember everything that occurred, during the day. And I must tell you, I read your deposition and-I'm dumb founded that so many answers say "I don't recall" and "I don't remember." I just have to tell you that on the record, and you're really free to answer right now. Mr. STEPHANOPOULOS. I'm happy to answer, sir, and thank you. I would just say I also spent several hours before this Committee in depositions giving full accounts of everything that I did. If you.. ask me looking back 5 months what I remember, if I can remember-, every word of a conversation, a phone conversation that lasted between 30 seconds and 2 minutes, my honest answer, like everybody else in this room, is no. I simply cannot remember word of a conversation 5 months ago. I would also say, and just give you a picture of my day on Friday, February 25th. said, I'm a staffer. You know that I'm a staffer. I've done that a long time. Like many of your staffers, I'm required to go issue to issue very quickly. On that day, I began work at 6-00 a.m. I was at work immediately--- Senator DOMENICI. Which day are you referring to? 461 Mr. STEPHANOPOULOS. This is Friday, February 25th. I received phone calls immediately at 6:00 a.m. about the Hebron Massacre because we had to come up with a response for the Today Show on television. I was dealing with that from about 6:00 to 8:00 in the morning. We immediately went from that to help staff the President on a meeting he had with several Senators, maybe some in this room, about Aldrich Ames. I had to go from that to help staff a meeting on Health Care. I think I probably had two separate lunches that day and a reception and probably 30 or 40 phone calls.