The U.S. Congress launched a new bipartisan Caucus for Congressional-World Bank Dialogue at a packed event on Capitol Hill July 16. The caucus, co-chaired by Kevin Brady (R-TX) and Betty McCollum (D-MN), provides a forum for members of Congress to engage the World Bank, parliamentarians and policy experts on poverty reduction, global development and trade.
As many Hill and Bank-watchers know, World Bank rules prevent its president and senior staff from testifying before Congress and restrict discussions to closed-door meetings. While some argue this protects the bank from type of congressional meddling that has hobbled USAID, it also means that the bank misses opportunities to educate and inform Congress about its work through public, congressional testimony. Reuters' reporter...