Political Quotes

Wendy Sherman: “this is an agency that has conducted its activities at no cost to the Federal Treasury and, in fact, made a profit. It…”

On the recordJuly 23, 2007
this is an agency that has conducted its activities at no cost to the Federal Treasury and, in fact, made a profit. It is appropriate that we reauthorize OPIC. Second, this bill is, I believe, the first to come before this House which defines what precisely it is that we want international corporations to stop doing, and that is, investing in the oil sector of terrorist states, and, second, making loans to terrorist states. That is why I think that this bill may be an important template for other legislation, and I hope it will become a guide for what we expect of companies in procurement legislation, Ex-Im Bank, et cetera.
Said by
Wendy Sherman
Democratic · District of Columbia
Source
govinfo.gov

Editor's note · Context

Discussing the reauthorization of the Overseas Private Investment Corporation (OPIC) and its implications for international corporations.

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