Sen. Phil Gramm, chairman of the Senate Committee on Banking, Housing and Urban Affairs, and Sen. Mike Enzi, chairman of the Subcommittee on International Trade and Finance, today announced a full committee mark-up of the Export Administration Act.

The Committee on Banking, Housing and Urban Affairs has jurisdiction over export controls for all goods, services, and technologies except for munitions and fissionable materials. The Committee will mark-up a bill to reauthorize the Export Administration Act, which lapsed on August 20, 1994. This Act provided the legal framework for the Department of Commerce to implement export controls for both national security and foreign policy reasons.

Gramm also announced that the committee will vote on six nominations.

WHAT:

Export Administration Act mark-up and vote on six nominations

WHEN:

9:00 a.m., Thursday, September 23, 1999

WHERE:

Room 538, Senate Dirksen Building

WHO:

Roger Ferguson, nominated to be vice chairman of the Board of Governors of the Federal Reserve.

John D. Hawke Jr., nominated to be the Comptroller of the Currency.

Harry Bowie, nominated to be a member of the Board of Directors of the National Consumer Cooperative Bank.

Armando Falcon, nominated to be Director of the Office of Federal Housing Enterprise Oversight.

Dan Renberg and Vanessa Weaver, nominated to be members of the Board of Directors of the Export-Import Bank.