Here are some highlights from Wednesday's session of the Senate Governmental Affairs Committee's campaign finance hearings:
'I cannot think of a situation that puts the Justice Department in more of a conflict'
"I think that their position is troubling. I think it's not justified. I think they're in a conflict situation, specifically with regard to four of the five individuals. It has do with an event which is under great suspicion that had to do with the president's campaign coffers and it had to do with the attendance of the vice president. I cannot think of a situation that puts the Justice Department in more of a conflict."
-- Sen. Fred Thompson on the Justice Department's position on immunizing five witnesses
"There was no sham from Mr. Young's standpoint, from our standpoint. Mr. Young had every expectation of receiving all ... of his funds back plus interest. We had every expectation of the National Policy Forum making full payment."
-- Benton Becker, attorney for Ambrous Young, whose company guaranteed a loan that enabled the National Policy Forum to repay its debt to the Republican National Committee
'I would concur with that'
"It does appear that you ... that this whole transaction was designed to pay back the RNC or an RNC-related entity."
"I would concur with that."
-- Benton Becker, attorney for Ambrous Young
'Our disagreements were over prudential judgment, rather than matters of law'
"I stress to this committee, that our [Mike Baroody's and Haley Barbour's] disagreements were over prudential judgment, rather than matters of law.... I said it would be wrong -- meaning not right, inappropriate, unseemly and imprudent -- because I did not think an organization so inherently involved ... in America's political public policy processes should be funded with other than American money. I also believed that foreign funding would inevitably become public and controversial."
-- Former National Policy Forum president Mike Baroody on his disagreements with former Republican National Committee chairman Haley Barbour
"There's no coincidence here, folks."
-- Michigan Democrat Carl Levin, commenting on the decision to transfer $1.5 million from the National Policy Forum on Oct. 20, 1994, just after an FEC disclosure filing deadline.
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