On her way out the door, former Secretary of the Treasury Janet Yellen pledged American taxpayers to an additional $4 billion for the World Bank’s International Development Association. – known as IDA21. This is on top of the $3.5 billion contribution she pledged and was authorized by Congress in 2023 for IDA20. IDA is one…
Author: Joe Rogers
Joe O. Rogers served as Ambassador to the Asian Development Bank under Pres. Ronald Reagan. He also served as Executive Director of the House Republican Conference and Chief of Staff to Cong. Jack F. Kemp. Amb. Rogers was a foundation director and chairman of both The China Fund Inc. (NYSE:CHN) and The Taiwan Fund Inc. (NYSE:TWN). He has taught economics and finance at the MIT-Fudan International MBA Program in Shanghai, Wake Forest University, The University of Western Australia and Duke University. He earned a Ph.D. in Economics at Duke University.
How to DOGE $70 Billion
$70 billion sounds like a large number. Even in Washington. However, simply by withdrawing from the multilateral development banks – such as The World Bank – that’s how much would be returned to U.S. taxpayers. And it is easy to do. The Articles of Agreement for the International Bank for Reconstruction and Development – the…
Welcome to Tracking DOGE
We are pleased to contribute a few ideas to the DOGE effort led by Elon Musk of the Department of Government Efficiency, Congressmen Aaron Bean (FL-04) and Pete Sessions (TX-17), leaders of the House DOGE Caucus, and Senator Joni Ernst (R-Iowa), leader of the Senate DOGE Caucus. What is necessary for DOGE to succeed is…