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U.S. Congress, Trump Administration Considering Launch Of New U.S. Development Finance Bank

Devex: Exclusive: Plans underway for new U.S. development finance bank
“The United States Congress and the Trump administration are considering plans for a new development finance corporation that could be announced before the end of the year, multiple people involved with the process told Devex. If and when it is announced, a new development bank would signal a remarkable turnaround for President Donald Trump’s administration, whose 2018 budget proposal had sought to gut the existing development finance agency, the Overseas Private Investment Corporation…” (Saldinger, 10/31).

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