Tag: world bank
Marco Rubio Calls on Treasury Department to Stand Up to China’s International Economic Behavior
As companies backed by the Chinese Communist Party (CCP) approach banks to identify the purchase of companies in the U.S. and in Europe affected by the pandemic, the senators urged Mnuchin to protect against the PRC’s and the CCP’s predatory economic behavior during the COVID-19 crisis.
Marco Rubio Backs Chuck Grassley’s Accountability for World Bank Loans to China Act
"This bill will provide the U.S. governor of the World Bank with the necessary guidance to uphold U.S. interests and to focus on the bank’s development mission," Rubio said. “For too long, countries like China and Russia have been allowed to exploit the World Bank’s limited resources even after they should no longer qualify for assistance.