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Oversight Hearing on "Gulf Coast Recovery: President Obama’s BP Compensation Fund, How Is It Working?"
Thursday, October 27, 2011 9:30 AM
Full Committee
1324 Longworth House Office Building

1324 Longworth House Office Building
Thursday, October 27, 2011
9:30 a.m.


  • "Gulf Coast Recovery: President Obama’s BP Compensation Fund, How Is It Working?"


The Honorable Doc Hastings


Panel I

Kenneth R. Feinberg
Gulf Coast Claims Facility Administrator
(Truth in Testimony Form)


This hearing will focus on the design, implementation, and independent administration of the $20 billion escrow fund created by BP in partnership with the White House to provide payment or settlement of claims for costs and damages incurred as a result of the Deepwater Horizon spill. The Fund was created as an independent body, not through an act of Congress or executive order, and therefore is not held accountable to the Administration or Congressional oversight. Hardworking people and small businesses of the Gulf with legitimate claims deserve to receive compensation for damages in a timely, efficient and effective manner.

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