FEDERALhearing transcript

Congressional Hearings on U.S. Funding for International Development Banks

Original title: Providing for additional U.S. contributions to the Asian Development Bank and the International Development Association: hearings before Subcommittee on International Finance of the Committee on Banking and Currency, House of Representatives, Ninety-third Congress, first session ...

July 14, 2026

foreign aid international finance Asian Development Bank International Development Association congressional hearings

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The Frame

What this does

The hearings represent the legislative process for authorizing taxpayer-funded capital contributions to international financial institutions, which impacts federal budget allocations for foreign assistance.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

U.S. Taxpayers

The hearings concern the allocation of federal funds toward international financial institutions.

Asian Development Bank

The organization is the subject of proposed U.S. capital contribution increases.

International Development Association

The organization is the subject of proposed U.S. capital contribution increases.

What changed

Last recorded activity July 14, 2026.

What's next

Next step not available in the current record.

Summary

This document records the 1973 congressional hearings held by the House Subcommittee on International Finance regarding proposed increases in U.S. financial contributions to the and the .

Key Facts

The Subcommittee on International Finance held hearings to discuss additional U.S. contributions to the Asian Development Bank.
The hearings addressed proposed U.S. funding increases for the International Development Association.
The proceedings took place during the first session of the 93rd Congress.
The hearings were conducted under the authority of the House Committee on Banking and Currency.

Frequently Asked Questions

What is the purpose of these hearings?

The hearings were held to review and deliberate on legislation proposing additional U.S. financial contributions to international development organizations.

Which organizations are receiving the funding?

The and the .

Why It Matters

News Coverage

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Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift80% confidence

1973 Foreign Aid Funding

The document highlights the legislative focus on multilateral development funding during the early 1970s.

Asian Development Bank International Development Association

Connected Entities

organizationCommittee on Banking and Currency“The parent committee overseeing the subcommittee.”Map →

organizationSubcommittee on International Finance“The congressional body conducting the hearings.”Map →

organizationAsian Development Bank“Recipient of proposed U.S. financial contributions.”Map →

organizationInternational Development Association“Recipient of proposed U.S. financial contributions.”Map →

Sources

Open source document

www.govinfo.gov

Analysis Score

0–100

Significance65
How much this matters to a regular citizen
Controversy20
Intensity of disagreement among stakeholders
Entertainment5
Compellingness for a non-policy-wonk reader
Buzz5
Current news / social attention level

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