Congressional Review of Egyptian and Tunisian Enterprise Funds
January 1, 2017
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The Frame
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.
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.
Last recorded activity January 1, 2017.
Next step not available in the current record.
Summary
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?
Why was this hearing held?
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
Sponsors
Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
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
Sources
www.govinfo.gov
Analysis Score
0–100- Significance40How much this matters to a regular citizen
- Controversy20Intensity of disagreement among stakeholders
- Entertainment10Compellingness for a non-policy-wonk reader
- Buzz10Current news / social attention level
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