Active
TERM 1
July 7, 2020 · 2,109 days ago
🌐 Foreign Policy
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.
Expired
TERM 1
May 14, 2020 · 2,163 days ago
🏥 Healthcare
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.
Active
TERM 1
September 24, 2019 · 2,396 days ago
🌐 Foreign Policy
On September 24, 2019, President Trump signed a memorandum delegating functions and authorities under the Better Utilization of Investments Leading to Development (BUILD) Act of 2018 to the Secretary of State and other officials. The memorandum transferred specific powers related to development finance and international investment promotion from the President to designated agencies. The direct effect was to operationalize the BUILD Act's framework for U.S. international development financing through designated officials rather than direct presidential action.