Jeff Merkley actually said...

development banks employ policies aligned with American laws and American values to safeguard the environment and people.

These efforts are particularly relevant in a world where so many countries seek financing from China, whose loans come with lax to nonexiste...

I expect we will hear from our State and Treasury Department witnesses about the value of U.S. contributions to the IMF and the World Bank.

I think it needs to be a multilateral response and not just a unilateral one.