James Hill: “I thank Chairman Cole and Chairman Joyce for their good work on our side of the aisle and the committee at large for…”

“I thank Chairman Cole and Chairman Joyce for their good work on our side of the aisle and the committee at large for producing this constructive, good appropriations bill. I rise in support of the Financial Services and General Government and National Security, Department of State and Related Programs Appropriations Act. This bill funds key government agencies that are focused on economic stability, fiscal responsibility, and national security. As chair of the House Financial Services Committee, I am proud that key provisions included in this bill were championed by our committee. My bill, H.R. 1474, the International Nuclear Energy Financing Act, expands U.S. financing tools for civilian nuclear energy projects abroad, helping U.S. companies compete globally while promoting safe and reliable energy as an alternative energy source from opposing nations. It requires the Treasury to advocate for nuclear energy assistance at the World Bank and other international financial institutions, including the establishment of Nuclear Energy Assistance Trust Funds. Also included in this funding package is Congresswoman Salazar's H.R. 6892. This is a critical piece of the bill that authorizes a capital increase for the Inter-American Development Bank, IDB Invest, an arm of the Bank devoted to private-sector growth in Latin America.”