HR 5299
DFC Modernization Act of 2025
Jurisdiction
US Congress
Session
119th Congress (2025-2026)
Last updated at
Jun 13, 2026, 4:09 PM
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Bill overview
The DFC Modernization Act of 2025 seeks to update and reauthorize the Better Utilization of Investments Leading to Development Act of 2018 (BUILD Act). It aims to increase the U.S. International Development Finance Corporation’s (DFC) risk tolerance for investments, particularly in high-risk countries and sectors, while countering strategic competitors. The bill also expands the DFC’s focus to include more developed countries and establishes new mechanisms for equity investments and risk management, including a new Chief Risk Officer and Chief Development Officer role. Finally, it modifies definitions and addresses specific concerns related to state-owned enterprises and coordination with other development agencies.
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