Washington, D.C. – House Foreign Affairs Committee Chairman Ed Royce (R-CA) announced the committee will convene a hearing on Wednesday, April 11, entitled “Financing Overseas Development: The Administration’s Proposal.” The hearing will begin at 10 a.m.

Chairman Royce on the hearing: “Seventy percent of small businesses in emerging economies can’t access the capital needed to grow. But the organization tasked with helping U.S. businesses invest in development projects overseas is outdated. By reforming and modernizing our development finance institutions we can unleash the power of private-sector-led growth and create more opportunities for U.S. investment and trade while also protecting U.S. national security interests. This hearing will give members an opportunity to hear from the administration about its proposal to better leverage public-private partnerships.”

Hearing: Financing Overseas Development: The Administration’s Proposal

10 a.m. on Wednesday, April 11  

2172 Rayburn House Office Building  

The Honorable Ray W. Washburne
President and Chief Executive Officer
Overseas Private Investment Corporation