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Doug Bereuter |
Long time Nebraska representative and two-time
cosponsor of The
Consumer Rental Purchase Agreement Act
Doug
Bereuter (R-NE) will resign his seat September 1st to take
over as president of The Asia Foundation. The Asia Foundation is a non-profit organization committed to
"the development of a
peaceful, prosperous, and open Asia-Pacific region."
Bereuter had earlier announced he would not seek
reelection when his 13th term ended in November but decided to leave early when the Asia
Foundation post came open. Who or how Nebraska will fill the
congressman's shoes until the November election is unclear.
How this affects The Consumer Rental Purchase
Agreement Act (HR996) is also unclear. Representative Bereuter
is one of 82 House members co-sponsoring HR996 (He also cosponsored HR1701 during
the 107th congress). Bereuter is a senior member of the
House Financial Services Committee and the
Subcommittee on Financial Institutions and Consumer Credit
where the bill awaits debate. Factoid:
All of Nebraska's
legislators cosponsor HR996
Representative Bereuter was first elected to Congress in November of 1978. He is a fifth
generation Nebraskan and has served in the U.S. House longer
than any citizen of the Cornhusker State. The popular
representative received 85% of the vote in his last election.
William L. Ball, III, chairman of The Asia
Foundation’s Board of Trustees stated,
“Asia is the world’s most dynamic region. Its stability and
prosperity are now, more than ever, critical to U.S. interests
of global peace, economic growth and security. Doug Bereuter
brings precisely the right mix of qualifications: seasoned
judgment, policy expertise, management acumen and well-developed
rapport with key Asian and U.S. leaders that is required in
today’s environment for The Asia Foundation to succeed.”
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