FOR IMMEDIATE RELEASE September 11, 1996
Marianna Ohe (202) 565-3200
Ex-Im Bank's Advisory Committee will continue its examination of issues related to the Bank's 1997 rechartering by Congress at the Committee's next public meeting:
Dr. Paula Stern, Advisory Committee Chairperson, will lead the meeting in discussing:
1) the findings of the internal Bank working groups assigned to support the Committee, and
2) ideas presented at the meeting by GAO representatives regarding the tradeoff between possible actions taken by Ex-Im Bank to save money and the ability of the Bank to accomplish its objectives.
Ex-Im Bank's 15-member Advisory Committee was established by an act of Congress to represent views from various sectors of the U.S. economy regarding the Bank's programs. The members are appointed by Ex-Im Bank's Board of Directors. The sectors represented include commerce, finance, services, production, labor, state government and agriculture.
This year's Committee is focusing on the rechartering issue at all of its meetings. Thursday's meeting is the third of four planned this year.
Ex-Im Bank is an independent government agency that finances the sale of U.S. goods and services around the world.