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Results for "DFC"

2 Actions
Active TERM 1  July 7, 2020  ·  2,109 days ago 🌐 Foreign Policy

Delegation of Authority Under BUILD Act of 2018

On July 7, 2020, President Trump signed a memorandum delegating authority under the Better Utilization of Investments Leading to Development (BUILD) Act of 2018. The memorandum transferred decision-making power over development financing and investment decisions to the U.S. International Development Finance Corporation (DFC). This expanded the DFC's operational authority to approve and execute development projects without certain prior consultations or restrictions.

delegation development finance DFC executive-authority memorandum
→ Read the BUILD Act of 2018 Tracked 10 days  ·  🤖 AI-categorized
Expired TERM 1  May 14, 2020  ·  2,163 days ago 🏥 Healthcare

Delegated Defense Production Act Authority to USAID CEO for COVID-19

On May 14, 2020, President Trump signed Executive Order 13922, delegating authority under the Defense Production Act to the Chief Executive Officer of the United States International Development Finance Corporation (DFC). The order authorized the DFC CEO to use Defense Production Act powers to respond to the COVID-19 outbreak. The confirmed effect was to expand the DFC's ability to mobilize financing and resources for COVID-19 response activities, including potential domestic production or procurement of medical supplies and equipment.

COVID-19 defense_production_act executive-authority usaid
→ Read the Full Executive Order Tracked 10 days  ·  🤖 AI-categorized