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Thank you. I think this is a big point of departure. Very difference of opinion by Legal Counsel which can happen. Again, very important part of this realty issue. There is great concern about how this is managed in the future and the concept of what royalties and revenues will be there and what sleightofhand could be used to change that dynamic as opposed to what were doing is a legislative perspective. Madam chair, i suggest we go to amendments. That answers a lot of our questions. Definitely answers the premise of our concerns about the chairmans mark both on the fact that it does change ex...

Before we begin the markup, id like to extend a special welcome. Recognizing that this is their home, i think its important theyre with us here today, so we welcome them. Id also like to add just a farewell at the same time we acknowledge a welcome. I dont see angela, but shes over there. But Angela Becker dipman who has been senator cantwells staff director i understand is moving back to the west coast and that this is perhaps your last day on the committee or last week on the committee. And i just i want to acknowledge the work that you have done. I think that certainly the staffs on our sid...

Political will to apply this tool, and i think its a very valid and useful tool for toolkit in the United States, and so we have examples for tunisia and egypt that well talk about, so well talk a little bit about the history of what are these things, how they come about, what can we learn from the past, how are some more recent ones operating, and finally, the most important thing is about the future because i think in some ways this was certainly ahead of its time and theres a lot of learning from the past, but i think there are plenty of countries where we ought to be applying this in new a...

American Enterprise Fund bowman cutter. They support Economic Development and generating financial returns. This is nearly two hours. Okay. Lets get started. Im dan runde. Were going to have a conversation about whether or not we need to revisit the concept of u. S. Enterprise funds. U. S. Enterprise funds were launched in the early 1990s by george h. B. Bush, were country focussed where u. S. Government dollars funded investments in developing countries. It was an idea that was ahead of its time. And there were several dozen of these Enterprise Funds that were launched. Many of them were very...

Okay. Lets get started. Im dan runde. Were going to have a conversation about whether or not we need to revisit the concept of u. S. Enterprise funds. U. S. Enterprise funds were launched in the early 1990s by george h. B. Bush, were country focussed where u. S. Government dollars funded investments in developing countries. It was an idea that was ahead of its time. And there were several dozen of these Enterprise Funds that were launched. Many of them were very successful. Some that had some hiccups. But most were broadly very successful. But you would ask yourself, well, why hasnt there is a...