Robert H. Smith School of Business
The Motley Fool

Market Foolery Featured Podcasts

  • MarketFoolery: 12.18.2014
    Rite Aid soars. America runs away from Dunkin’ Brands.  And Oracle closes in on an all-time high. Plus we discuss investing opportunities in Cuba.
  • MarketFoolery: 12.17.2014
    Motley Fool Funds analyst Bill Barker breaks down the latest earnings reports from FedEx, Darden Restaurants and General Mills.  Plus we discuss the relative importance of analyst upgrades & downgrades.
  • MarketFoolery: 12.16.2014
    Motley Fool Funds analysts Tim Hanson and Nate Weisshaar analyze Russia’s rising interest rate and falling ruble.  Plus, they share insights (and travel tips) from their recent trips to South Korea and Brazil.
Capital Business
Posted at 04:49 PM ET, 06/14/2012

Congress to pressure feds to sell West Heating Plant

House Republicans are not afraid of going on location to show taxpayers some of the under-utilized or vacant federal properties in order to compel the General Services Administration to sell or rent them.

The House subcommittee that oversees federal building has held hearings at the Old Post Office pavilion and the Cotton Annex to prompt action on those properties.

Now the committee, chaired by Rep. Jeff Denham (R-Calif.), is headed to Georgetown, where the West Heating Plant is no longer used and is coveted by many a developer despite challenges to building there. The subcommittee plans to hold a June 19 hearing at the plant, according to a spokesman.

The GSA announced last October that it planned to sell the plant, with Ken Salazar, secretary of the Department of the Interior, and Martha Johnson, then-administrator of the General Services Administration posing for cameras from CNN on site.

Follow Jonathan O’Connell on Twitter: @oconnellpostbiz

By  |  04:49 PM ET, 06/14/2012

Tags:  West Heating Plant, Georgetown, GSA, Jeff Denham

 
Read what others are saying
     

    © 2011 The Washington Post Company