So my message to Treasury and to the World Bank is that unless these transfers stop, or at a minimum are competitively based and fully transparent down to the amounts and purpose of aid going to which firms and projects, the Administration's request for Congress to authorize the IFC's general capital increase will not be a committee priority.
McHenry emphasizes the need for transparency in World Bank funding.
Share & report
More from Pat McHenry
A few weeks ago, Congress took the first step toward getting our fiscal house in order through the Fiscal Responsibility Act.
it was easier just to watch the Senate do that hearing rather than to hear the second day of the same testimony.
I think there is a great risk when the SEC relaxes all of its filters and permits any proposal to be submitted, especially the social proposals where the judgment of the SEC staff alone will determine whether a proposal needs to be…
under the current leadership, we have seen FSOC expand its regulatory reach to fit the Administration's political priorities.
Other voices in this conversation
