Sponsor
Brian Jeffrey Mast
Representative · R-FL
Representative · R-FL
The bill expands U.S. development-finance firepower and flexibility—mobilizing private capital, recycling returns, and prioritizing strategic investments abroad—while increasing fiscal exposure, concentrating executive authority, and risking politicization and weakened interagency oversight.
U.S. exporters, investors, and financial firms gain more financing opportunities because the DFC can mobilize private capital and retain/recycle investment earnings and fees to fund new projects without annual appropriations.
Allied and partner countries — and U.S. supply chains that rely on them — receive increased investment in energy, telecom, and infrastructure, helping diversify supply routes and reduce dependence on strategic competitors.
The DFC's authority and continuity are extended (through Dec. 31, 2031), preserving U.S. development finance tools and policy continuity for partner countries and U.S. programs.
Taxpayers face higher fiscal risk because the DFC is allowed greater risk tolerance, may accept losses to mobilize private capital, and can retain and re-spend equity returns without annual appropriations.
Congressional oversight and internal checks are reduced as statutory officer roles/qualifications are removed or centralized (CEO authority expanded) and certain proceeds become available without appropriation, concentrating power and limiting direct legislative control.
Requiring presidential certifications and naming ‘countries of concern’ — plus an explicit priority to counter strategic competitors — risks politicizing approvals, slowing decisions, and reducing flexibility to pursue beneficial projects or diplomatic engagement.
Based on analysis of 6 sections of legislative text.
Reorients the DFC to accept greater investment risk, creates a Treasury Equity Investments Account for equity earnings, updates governance, and restricts routine support to high‑income countries absent presidential certification.
Official title: To modify and reauthorize the Better Utilization of Investments Leading to Development Act of 2018, and for other purposes.
Introduced September 11, 2025 by Brian Jeffrey Mast · Last progress September 11, 2025
Directs the U.S. International Development Finance Corporation (DFC) to take on greater investment risk and use a wider set of financing tools to mobilize private capital in support of U.S. foreign policy, economic development, and national security goals. It tightens restrictions on support to high‑income countries without presidential certification, names a statutory list of countries of concern, changes DFC governance and officer appointment rules, creates an Equity Investments Account in the Treasury to retain equity-related earnings without further appropriation, adjusts contracting and liability authorities, and extends or tweaks several authorities and deadlines from the BUILD/Better Utilization of Investments Leading to Development Act of 2018.