President Donald Trump’s pick to lead the International Development Finance Corporation (DFC) could lay a roadmap regarding the future of the U.S. Agency for International Development based on his previous statements.
Some Trump advisers have reportedly been toying with the idea of moving money that went to USAID to be under the direction of the DFC, according to a Bloomberg report. On Wednesday, Trump sent his nomination of Ben Black for DFC executive to the Senate. Black, co-founder of the private equity firm Fortinbras Enterprises LP, endorsed the DFC funding idea in a blog post from January.
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