House committee hearing about USEC rescheduled
Wednesday, March 29, 2000
A U.S. House committee hearing has been rescheduled for April 13 to examine the financial status of USEC Inc., which operates uranium enrichment plants near Paducah and Portsmouth, Ohio.
The hearing had been set for April 6 but was postponed because USEC Chief Executive Officer William "Nick" Timbers was unavailable, said Anthony Hulen, press secretary for 1st District U.S. Rep. Ed Whitfield, R-Hopkinsville.
Whitfield, who fears USEC will close one of the plants, expects to chair much of the hearing before the House Commerce Committee's Oversight and Investigations Subcommittee. The hearing, set for 11 a.m. EDT in Room 2322 of the Rayburn House Office Building in Washington, is expected to last a day.
Besides Timbers and other managers, witnesses probably will include financial analysts, Clinton administration officials and union representatives.