WASHINGTON, Aug. 14 -- The Center for Strategic and International Studies issued the following commentary on Aug. 12, 2026, by Adam Frost, senior associate (non-resident) in the Economic Security and Technology Department, and former intern Jack Whitney:

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Government Lending 2.0: Putting a Price on Policy Risk

The United States is increasingly using federal credit--direct loans, loan guarantees, and insurance--as a tool of industrial strategy. With gran . . .

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