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Government will now provide weedicide and fertilizer subsidies to boost production of non-sugar crops

The fundamentals of DFC's work must be articulated to drive investments that improve lives and advance U.S. foreign policy interests.

The Trump administration’s national security strategy calls for consolidating aid programs and making them efficient and effective at U.S. foreign policy. Great idea. Unfortunately, it’s led some on Capitol Hill to propose legislation that will, if anything, make matters worse.

The current year will be an important inflection point for transatlantic relations. A new U.S. Administration and Congress should focus on reinforcing the transatlantic partnership and working with European allies to address threats from aggressive state actors, while meeting the monumental challenges posed by the COVID-19 pandemic. The real policy differences between the U.S. and Europe on key issues will not disappear under a Biden presidency, but the need to work together remains essential: U.S. security rests first and foremost on the strength of the transatlantic alliance.

During debate over the BUILD Act (Better Utilization of Investments Leading to Development Act)—a bill that would rename and double the size of the Overseas Private Investment Corp.—proponents asserted that it was needed to counter China’s aggressive “One Belt, One Road” debt-trap diplomacy initiative that finances infrastructure projects in developing countries.  The question is, will BUILD, passed by Congress last year, counter China? Judging by the Overseas Private Investment Corp.’s recent lending decisions, so far, the answer to that question appears to be “no.”