The International Development Finance Corporation needs permanent leadership

On Sunday’s episode of CBS’s 60 Minutes, Secretary of State Antony Blinken spoke at length about the complexities of America’s relationship with China.

One major aspect of that relationship is economic, with interviewer Norah O’Donnell noting that China may surpass the United States in gross domestic product by 2028. For the U.S. to remain economically competitive on the world stage, the U.S. International Development Finance Corporation, or DFC, must have permanent leadership.