Trump Administration’s Proposal To Consolidate Development Finance Initiatives Gaining Support In Congress, Brookings Visiting Fellow Says
Brookings Institution’s “FixGov”: On development finance, Trump’s budget request makes sense
Thomas M. Hill, visiting fellow for governance studies at Brookings, discusses the Trump administration’s proposal for the new Development Finance Institution (DFI). The DFI would “incorporate the Overseas Private Investment Corporation (OPIC) and USAID’s Development Credit Authority (DCA), thereby creating a single entity charged with leveraging private sector investment to advance U.S. foreign policy interests. The proposed consolidation has appeal even at the poles of the political spectrum,” Hill writes (3/13).