02/02/2023 | Press release | Distributed by Public on 02/02/2023 08:54
WASHINGTON, D.C. - Today on his first day as Chairman of the Subcommittee on National Security, Illicit Finance, and International Financial Institutions, Congressman Blaine Luetkemeyer (MO-03) sent a letter to the Treasury Department's Assistant Secretary for International Trade and Development, Alexia Latortue regarding the World Bank's recently released Evolution Roadmap.
In the letter the Congressman stated that that roadmap "could lead to a dramatic overhaul of the Bank's mission, operations, and financing, which may require the (Financial Services) Committee to consider authorizations for additional resources. While discussions surrounding the roadmap are ongoing, it is important that the Treasury Department engage with other World Bank shareholders so that expectations regarding Congress are realistic."
A full copy of the letter can be found HERE.