Political Quotes

“Mr. Chairman, I yield myself such time as I may consume. Mr. Chairman, I rise today in support of H.R. 3326, the World Bank Accountability Act. Frankly, I don't quite understand why every Member is not rising in support of H.R. 3326. This is important legislation, which is sponsored by my friend from Kentucky (Mr. Barr), the chairman of the Monetary Policy and Trade Subcommittee. It was cosponsored by a senior Democrat on our committee, the gentleman from California (Mr. Sherman). Mr. Chairman, it passed our committee by a unanimous vote 60-0. Again, Mr. Chairman, this measure passed our committee by a unanimous vote of 60-0. H.R. 3326 makes a share of future World Bank appropriations contingent upon vitally needed reforms, with focus on the World Bank's International Development Association, known as IDA, which is the World Bank's concessional lending window, dedicated to 75 of the world's poorest countries. Mr. Chairman, the reforms in this bill have emerged from five different oversight hearings held in our committee over the past 2 years and they all enjoy bipartisan support. The bill also supports the administration's goal of ensuring that the World Bank's work is consistent with U.S. priorities that are, obviously, financed by the U.S. taxpayer. In the President's FY 2018 budget, the administration called for a holding to account international organizations whose missions don't advance U.S. foreign policy's interest or which haven't been well managed. H.R.…”