World Bank Accountability Act gains House approval

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By Douglas Clark  |  January 19, 2018

The House of Representatives passed Wednesday the World Bank Accountability Act, which makes a share of future appropriations contingent on reforms to the International Development Association (IDA). “The reforms in this bill have emerged from five oversight hearings held in our Committee over the past two years, and passed our Committee by a unanimous vote of 60-0,” Rep. Jeb Hensarling (R-TX), chairman of the Financial Services Committee, said. “People should be aghast at how this mone...

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