Dan Kildee: “I thank the ranking member for yielding. I appreciate the opportunity to express my concerns with the way this bill has…”

“I thank the ranking member for yielding. I appreciate the opportunity to express my concerns with the way this bill has moved to the floor today. Mr. Chairman, I support the bill's authorization of a U.S. contribution to the International Development Association, IDA, the part of the World Bank that helps the world's poorest countries through loans and grants to boost economic growth, to reduce inequality, and to improve the standard of living across the world. The IDA provides assistance for basic healthcare, primary education, clean water and sanitation, and infrastructure. I also support the idea that the bill would reestablish the U.S.' engagement on global economic cooperation. When this bill came up in the Financial Services Committee markup, as has been pointed out, I, along with many of my colleagues, expressed concerns over the bill making a U.S. contribution contingent on President Trump's determination that the World Bank is implementing these important reforms. Our support for the bill was based on the understanding that those concerns would be addressed. So we supported the bill in good faith, hoping that, in fact, those issues would be addressed. It has been pointed out that no Democratic amendments were offered in committee. We took on faith that those issues would be addressed. Ms.…”