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Sen. Murphy Amendment to Allow U.S. to Better Compete With Chinese Development Finance Institutions Passes Senate Foreign Relations Committee, Heads to Senate Floor
April 22, 2021
WASHINGTON, April 22 -- Sen. Christopher Murphy, D-Connecticut, issued the following news release:

U.S. Senator Chris Murphy (D-Conn.), a member of the U.S. Senate Foreign Relations Committee, on Wednesday applauded passage of his amendment to allow the United States to better compete with Chinese development finance institutions. Murphy's amendment specifically 1) Increases the Development Finance Corporation (DFC)'s liability limit from $60 billion to $100 billion to better compet . . .

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