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FEDERALhearing transcript

Congressional Review of Egyptian and Tunisian Enterprise Funds

Original title: GRADING THE EGYPTIAN AND TUNISIAN ENTERPRISE FUNDS

January 1, 2017

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The Frame

What this does

This hearing assesses the effectiveness of U.S. taxpayer-funded economic development programs in Egypt and Tunisia to determine if they are meeting their objectives.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Egyptian-American Enterprise Fund

The fund's leadership is subject to congressional oversight regarding its operational performance.

Tunisian-American Enterprise Fund

The fund's leadership is subject to congressional oversight regarding its operational performance.

What changed

Last recorded activity January 1, 2017.

What's next

Next step not available in the current record.

Summary

The House Subcommittee on the Middle East and North Africa held a hearing to evaluate the performance and management of U.S.-funded s operating in Egypt and Tunisia. The hearing featured testimony from the chairmen of both funds regarding their progress and operational challenges since their establishment in 2011.

Key Facts

  • The hearing took place on June 21, 2017, in the Rayburn House Office Building.
  • The Egyptian and Tunisian Enterprise Funds were established in 2011 by the Obama administration.
  • The funds were modeled after similar U.S.-funded entities created after the breakup of the Soviet Union.
  • The subcommittee chair noted that the leadership of the fund chairmen and boards of directors is a primary factor in the success of these entities.
  • The hearing included formal testimony from James Harmon (Egyptian-American Enterprise Fund) and Bowman Cutter (Tunisian-American Enterprise Fund).

Frequently Asked Questions

What are the Egyptian and Tunisian Enterprise Funds?
They are U.S.-funded entities established in 2011 to promote economic development and private sector growth in Egypt and Tunisia.
Why was this hearing held?
To review the progress and effectiveness of these funds since their inception.

Why It Matters

This hearing assesses the effectiveness of U.S. taxpayer-funded economic development programs in Egypt and Tunisia to determine if they are meeting their objectives.

News Coverage

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Sponsors

Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift80% confidence

Evolution of Oversight

The hearing highlights a shift from initial skepticism regarding the funds' creation in 2011 to a focus on evaluating their performance and leadership success by 2017.

Connected Entities

personIleana Ros-LehtinenChairman of the Subcommittee on the Middle East and North AfricaMap →
personTheodore E. DeutchRanking Member of the SubcommitteeMap →
personBowman CutterChairman of the Tunisian-American Enterprise FundMap →
organizationHouse Committee on Foreign AffairsParent committee of the subcommitteeMap →
personJames HarmonChairman of the Egyptian-American Enterprise FundMap →

Sources

Open source document

www.govinfo.gov

Analysis Score

0–100
  • Significance40
    How much this matters to a regular citizen
  • Controversy20
    Intensity of disagreement among stakeholders
  • Entertainment10
    Compellingness for a non-policy-wonk reader
  • Buzz10
    Current news / social attention level

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