Strengthening United States Leadership at the IDB Act
Strengthening United States Leadership at the IDB Act would direct U.S. officials to intensify the United States’ leadership role within the Inter-American Development Bank (IDB) Group. The bill instructs the U.S. Executive Director at the IDB to use the U.S. vote and influence to reduce the People's Republic of China (PRC) and PRC entities’ influence in IDB operations. It also pushes for procurement policies that favor United States and allied-country firms, emphasizes value-for-money and transparency over the lowest upfront cost, and promotes greater collaboration between the IDB and the U.S. Development Finance Corporation (DFC). A 180-day report to Congress would assess current collaboration with the IDB and potential areas for expanded cooperation. Key provisions include defining terms (IDB group, PRC, PRC entity, and “appropriate congressional committees”), directing review and voting related to PRC involvement in IDB projects, and requiring strategic procurement and partnership activities with the DFC, along with a Congress-facing progress report.