President Donald Trump’s advisers are considering shifting billions from USAID to a new government-run agency, the US International Development Finance Corp. The move would reduce humanitarian aid and involve private equity in international economic influence. This proposal aligns with Trump’s strategy to counter China’s global influence, focusing on investments in critical minerals and strategic projects. The DFC, with a portfolio exceeding $50 billion, would play a more aggressive role in U.S. economic power. The shift could be executed without congressional approval due to shared budgetary sources.
