Center for Global Development: Why Is the White House Scuttling its Biggest Development Win? Four Hidden Daggers Pointed at the Heart of the New USDFC
Todd Moss, visiting fellow at CGD, and Erin Collinson, director of policy outreach at CGD, outline four “unresolved issues” they say “have the potential to seriously undermine the ambitious vision of the BUILD Act’s congressional champions and [U.S. Development Finance Corporation (USDFC)] supporters in the White House,” including “1. A $21 billion sovereign loan guarantee problem. … 2. Unreasonable treatment of new equity authority. … 3. The USDFC’s budget is far less than meets the eye. … 4. No new bodies” (4/2).