Yoho Statement on Executive Order to Combat COVID -19
Washington, D.C. – Congressman Ted S. Yoho (R-FL) released the following statement after President Trump issued an executive order delegating authority, under the Defense Production Act (DPA), to the head of the U.S. Development Finance Corporation (DFC) to respond to the COVID-19 pandemic:
“I applaud President Trump for mobilizing the U.S. International Development Finance Corporation to help rescue American businesses and consumers. The DFC was created with the mission to invest in developing nations in order to aid in the development of their economies for sustainable trade while promoting stable and sovereign governance - moving countries from ‘aid to trade’.
“Under the leadership of Adam Boehler, I can think of no better organization, with the necessary expertise to help guide America’s economy out of recession by repairing our domestic supply chains and moving many of those back home from abroad.”