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United States International Development Corporation Chief Development Officer Act

Bill Number
H.R. 6910
Origin Chamber
House
Congress
119th Congress, Session 1
Policy Area
International Affairs
Status
Introduced
Latest Action
2025-12-19: Referred to the House Committee on Foreign Affairs.
Last Updated
2026-01-15T22:37:49Z

AI-Generated Summary

Purpose of the Legislation

This bill, titled the "United States International Development Corporation Chief Development Officer Act," aims to strengthen the role of the Chief Development Officer (CDO) within the U.S. International Development Finance Corporation (DFC). The DFC is a U.S. government agency that provides financing for development projects in lower-income countries to promote economic growth and U.S. interests. By enhancing the CDO's authority and responsibilities, the legislation seeks to better integrate international development goals into the DFC's operations, ensuring they align with broader U.S. foreign policy and national security objectives.

Key Provisions

Significant Changes to Existing Law

The bill amends Section 1413(g) of the Better Utilization of Investments Leading to Development (BUILD) Act of 2018, which created the DFC. Key changes include:

These amendments elevate the CDO from a supportive coordinator to a key strategic leader within the DFC.

Potential Impacts

Main Stakeholders Affected

Notable Legal, Constitutional, or Political Implications

This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.

Sponsor

Rep. Castro, Joaquin [D-TX-20]

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