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Enhanced Oversight for US International Development Finance

This act grants law enforcement authority to the Inspector General of the U.S. International Development Finance Corporation. This means the agency will face stronger scrutiny, potentially leading to greater transparency and accountability in how taxpayer money is spent on international projects. As a result, citizens can have more confidence that funds are used effectively and legally.
Key points
The Inspector General of the U.S. International Development Finance Corporation gains law enforcement powers.
The change aims to strengthen oversight and control over the agency's expenditures, potentially increasing its effectiveness.
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Additional Information
Print number: 117_HR_9206
Sponsor: Rep. Castro, Joaquin [D-TX-20]
Process start date: 2022-10-21