Speakers, interviews and viewer callins with authors. Sundays 9 00 p. M. Eastern, after words, women bureaus, talking about his book the asteroid threat. A documentary about the 1969 apollo 11 moon landing. Say day on the civil war and general shermans atlanta campaign. And the Supreme Court case burb versus for. Talk to us about the programs youre watching. On twitter use the hashtag c123, or email us at comments at cspan. Org. Join the cspan conversation. Like us on facebook. Follow us on twitter. Earlier this year the House Financial Services Committee Held a daylong hearing on the reauthorization of the Exportimport Bank. Its current authorization expires next month. Business, finance and bought officials including Exportimport Bank president Fred Hochberg, provided remarks on the role of the bank and compliance requirements made as part of its 2012 reauthorization. This portion. Hearing is just under two hours. The committee will come to order. We will now turn to our second panel
And then, issued a press release saying it created 40 jobs at delta. Thats just false. Mr. Anderson, let me start. Let me start by saying, someone who lives 60 miles north of he was, i love Delta Airlines. The pilots and the airline the flight attendants, you the a great job so dont hold anything i say against me today as we fly in the future. I was born at night but not last night. I didnt support reauthorization last time of xm bank because i felt that the reforms that needed to be made were not made. But today, listening to the testimony from all three of you and the doctor is gone, reforming xm bank with reforms, i think you all would support reauthorization, correct . We are forms. With reforms. With reforms. As we have been talking and i have a whole package of reforms here and weve been working on for the last six weeks, two months. 1,000 jobs in the eighth Congressional District of tennessee, my district, are support by the investment of xm bank. This is not about ive heard som
So lets try to work this out. I think we can. Again, ive got a whole list of reforms here ill be glad to talk to anybody about. Appreciate the work done, appreciate you gentlemen. Were going to work this out and make it better. Yield back. Thank you. Mr. Delanie. Thank you, mr. Chairman. I want to thank all the witnesses for joining us here today. Mr. Wilburn, captain, thank you. Mr. Anderson, i want to thank you in particular for joining us and for bringing so many of your colleagues. Delta is an important and iconic company. I think you all should be congratulated for the great work youve done positioning this airline in such a successful business. The fact that all your colleagues joined you hear today is a reflection of the good culture of the airline and your good leadership. I just want to make it clear that i think what youre doing is terrific. My question is actually more of a factual question. Perhaps unlike my colleagues i dont know the answer to my question before im asking
Environment we have. The time of the gentlemen has expired. No others in the queue. We thank you for your testimony. We would excuse the first panel at this time. We would invite the members of the second panel to please make their way to the witness table. Committee will come to order. Well now turn to our second panel of witnesses, many of whom are familiar faces to this committee, so my introductions will be brief. If staff can be instructed to shut the hearing room doors. Honorable Fred Hockberg serves as chairman of the exportimport bank, a position since 2009. The honorable oswaldo, Inspector General of the x bank, served in this capacity since 2010. The director of Financial Markets and community investment, mr. Scire at the gao. Finally, dr. Doug elmendorf, director of nonpartisan budget office. We welcome you to the committee. Without objection your written statement will be made part of the record after your oral remarks. Hopefully all of you have testified before the committ
Has there been anything discussed to the day that cant be dealt with if we sat down and worked . Congressman, im a business map. I came to this after 20 years in the private sector. So were constantly and our team is looking for better ways to operate the bank, address reforms and issues brought up by congress so we can do a better job in managing risk and also serving exporters. Lastly, i would just add, as under president reagan, a number of reforms went into place and president reagan signed a six year extension of the xm bank. The time of the gentleman has expired. The chairman recognize the gentleman from north carolina, the chairman of the investigations subcommittee, i want to ask you about the world street journal story from june 33rd for employees being under investigation for accepting kick backs. Is there an internal investigation conducked by the xm bank separate than the office of the Inspector General . Let me just begin by saying, frankly i just want to know. Im outraged