As we approach the fifth anniversary of the DFC next year, I am interested in how you monitor that.

They want more of the DFC, they want more of your leveraging American private capital, they want more of having an alternative to, as you put it, PRC investment that often produces too much debt and disappointing results.

As we approach the fifth anniversary of the DFC next year, I am interested in how you monitor that.

We want to see the DFC succeed, and be strategic, and be effective, and help with development.

I think we have done this 13 years together.

They want more of the DFC, they want more of your leveraging American private capital, they want more of having an alternative to, as you put it, PRC investment that often produces too much debt and disappointing results.

I would appreciate your keeping up with me on that development.

Vaccines are an important part of human development, and public health.

As there is more and more conversation and there have been some actions to revise the World Bank...

As we approach the fifth anniversary of the DFC next year, I am interested in how you monitor that.

I look forward to staying in touch with you about that, because anyone who has supervised a large portfolio project knows there is always a tail, there is always a few that go sideways.

Thank you, Senator Merkley. And thank you for your persistent engagement on critical issues that matter to all of us.

And just for those who may not be familiar with how the stacking and the structuring works, if you are equity, you help drive the deal.

I would appreciate your keeping up with me on that development.

Vaccines are an important part of human development, and public health.

I think we have done this 13 years together.

They want more of the DFC, they want more of your leveraging American private capital, they want more of having an alternative to, as you put it, PRC investment that often produces too much debt and disappointing results.

When corporations don't have to compete, their profits go up, and your prices go up when they don't have to compete.