United States International Development Corporation Chief Development Officer Act
Summary
What This Bill Does
The United States International Development Corporation Chief Development Officer Act rewrites the Chief Development Officer duties inside the Development Finance Corporation. It removes some Board-approval framing, makes the officer advise the CEO and Deputy CEO on international development policy, allows the officer to represent the Corporation in interagency development meetings, makes the officer an ex officio member of the Development Finance Advisory Council, and directs the officer to work with federal agencies to identify projects that advance United States international development interests. The bill also assigns management over employees dedicated to structuring, monitoring, and evaluating transactions for development impact, coordinating transferred funds or resources, implementing development-impact strategy, and maintaining relationships that enhance the Corporation’s mission.
Who Benefits and How
The Chief Development Officer benefits from a clearer statutory mandate, more direct access to DFC leadership, and a formal seat in advisory-council work. DFC project teams benefit from centralized development-impact guidance when structuring, monitoring, and evaluating transactions. Federal departments, agencies, and overseas country teams benefit from a liaison responsible for training and awareness about DFC development tools. Development innovators and project sponsors may benefit if the officer identifies scalable, evidence-based projects that markets can sustain.
Who Bears the Burden and How
DFC leadership must integrate the Chief Development Officer more directly into policy advice, interagency representation, development-impact strategy, and staff management. DFC employees assigned to development-impact work may face new reporting lines or coordination duties. Federal agencies and overseas country teams may need to coordinate more frequently with DFC on project identification, transferred resources, and use of development finance tools.
Key Provisions
- Expands the Chief Development Officer role from development to international development and development finance.
- Requires the officer to advise DFC leadership and represent the Corporation in interagency development processes.
- Adds Development Finance Advisory Council participation and project-identification duties.
- Assigns management of development-impact staff, transferred resources, and portfolio-wide development-impact strategy.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
Strengthens the United States International Development Finance Corporation Chief Development Officer role by making the officer a direct adviser to DFC leadership, representative in interagency development processes, Development Finance Advisory Council participant, and manager of development-impact coordination and staff.
Key Policy Areas
Foreign Affairs, Development Finance, Government Operations
Primary Purpose
Strengthens the United States International Development Finance Corporation Chief Development Officer role by making the officer a direct adviser to DFC leadership, representative in interagency development processes, Development Finance Advisory Council participant, and manager of development-impact coordination and staff.
Policy Domains
Substantive provisions
Identified Gains
- Chief Development Officer
- DFC project teams
- Federal departments
- Overseas country teams
- Development innovators
- Project sponsors
Identified Costs
- DFC leadership
- DFC development-impact staff
- Federal agency coordinators
- Overseas country teams
Legislative Progress
In CommitteeReferred to the House Committee on Foreign Affairs.
Introduced in House
Mr. Castro of Texas introduced the following bill; which was …
Stakeholder Effects
cui bono?How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.
Chief Development Officer, DFC development-impact staff, DFC leadership
Positive-direction: Chief Development Officer, DFC project teams, Federal development agencies
Negative-direction: DFC development-impact staff, DFC leadership
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology