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This week, we're taking a deep dive into the Trump administration's vision for the U.S. International Development Finance Corporation. The White House’s proposal seeks to expand the number of countries DFC can work in, paving the way for it to invest in high-income countries — a shift from its initial remit to invest in lower-income countries. However, the U.S. Congress still needs to reauthorize the organization before the Oct. 6 deadline if any of these plans are to come to fruition.
On the other hand, the Millennium Challenge Corporation is set to face a different future. While the organization survived the Trump administration’s foreign assistance review, more than half of its programs are slated for cancellation.
To discuss these stories, and others, Senior Editor Rumbi Chakamba sits down with Managing Editor Anna Gawel and Senior Reporter Adva Saldinger for the latest episode of our weekly podcast series.
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About the author
Thomas Cserep
Thomas Cserép is an Associate Editor who manages and oversees Devex's social media presence, coordinates Devex’s audience outreach, and produces the This Week in Global Development podcast. Prior to Devex, he worked as a freelance journalist, with his writings appearing in a variety of publications, including Get Spanish Football News and the magazine of the Hungarian Geographic Society.
