Should U.S. Development Loans Go to Rich Countries?

Should U.S. Development Loans Go to Rich Countries?

The U.S. Development Finance Corporation was created to help alleviate global poverty. Trump has other ideas.

Rep. Brian Mast turns his head to listen as Rep. Gregory Meeks speaks during a Capitol Hill hearing. November 17, 2025, 3:58 PM Comment icon View Comments ( )

Trump’s Second Term

Ongoing reports and analysis

Republican and Democratic U.S. lawmakers are in the thick of negotiations for reauthorizing and turbocharging a key international development agency with an eye toward allowing it for the first time to invest in projects in high-income countries.

The U.S. Development Finance Corporation (DFC) not only survived President Donald Trump’s blitzkrieg earlier this year through the U.S. foreign aid bureaucracy but a