A House Foreign Affairs Committee hearing yesterday on the Biden Administration’s FY23 Budget Request for the International Development Finance Corporation (DFC) and Millennium Challenge Corporation (MCC) discussed a number of issues related to the role of these agencies in countering China.

U.S. Senator Marco Rubio (R-FL) sent a letter yesterday to the Chief Executive Officer of the U.S. International Development Finance Corporation (DFC), criticizing the DFC for focusing on progressive goals and ignoring its mission of "counter[ing] the Chinese Communist Party’s Belt and Road Initiative."

During a recent trip by Australian trade minister Dan Tehan to meet with his U.S. counterparts, Australia and the United States moved forward with plans that some commentators have characterized as designed to "counter China" on critical minerals.

A new Congressional Research Service report on the U.S. International Development Finance Corporation (DFC) lays out a wide range of issues for Congress related to this agency, including the DFC's role in "countering China."

On November 4, U.S. Senators Marco Rubio (R-FL), Thom Tillis (R-NC), Rick Scott (R-FL), Marsha Blackburn (R-TN), Ben Sasse (R-NE), and Jerry Moran (R-KS) sent a letter [https://www.rubio.senate.gov//public/index.cfm/press-releases?ContentRecord_id=E6762115-790A-42E5-AED1-EE6854475E5B] to Acting Chief Executive Officer of the U.S. International