*Getting DFC done* Who remembers bipartisanship? It was back for a brief moment last week when U.S. lawmakers launched the process <https://t.devex.com/dc/kyXVoDpAY__Vu56MNr4POoCHqzIMxFmx3uh1aeA9isGdJh4J2dpVuhIurzKbmXmSjhEj5KbqAMYSeYJOpG8Kc5Jo01MaVSVcOfbURWi_XcGtaGwMvnfJLVmzTevDVk2mXORJu6C6nUpEeyWsjGnyhrS4ShsKtn2FROH-NiwihySTb3Z2nalY_17cRmxPUtUQgJtNWTQ68NfWkRjpdq_wOAQyPTYFqTRoC-5yeaVZ6ILqTutTxNYO823WvCK1GdLvo3y09wJTgak0-C9i4yuSFQ==/Njg1LUtCTC03NjUAAAGZSMJ3nGL9hPNW7Xf1buXS8EwnO5ZPm4LlqmpXhuCsgq2I3yKyF-TTODHMr3dD7cLFDlO6lP4=> last week to reauthorize the U.S. International Development Finance Corporation <https://t.devex.com/Njg1LUtCTC03NjUAAAGZSMJ3nKPPPUzMSgR5GM7U7WuOmDv2Thqq9QZ5fkPU_ZYjkUTKyGWOBQ7dUJBH3upPkppLSHY=>, or DFC. Republicans and Democrats agreed that DFC, which finances private sector development solutions, *can help provide an alternative to Chinese investment*. Now it just needs reauthorization before its current mandate *expires in October*. DFC committed more than $12 billion across 181 transactions last year. So far, reauthorization discussions have recommended at least *doubling lending capacity to $120 billion*, if not more. Among other topics up for debate: - Whether to *count equity investments as grants* as currently, requiring full appropriations, or as loans, which would allow less money to be held back to offset potential losses. - *Expanding investments* to strategic upper-middle- and high-income countries, such as Panama. Devex Senior Reporter Adva Saldinger will be watching developments closely. *Read:* Congressional hearing kicks off DFC reauthorization efforts <https://t.devex.com/dc/kyXVoDpAY__Vu56MNr4POoCHqzIMxFmx3uh1aeA9isGdJh4J2dpVuhIurzKbmXmSjhEj5KbqAMYSeYJOpG8Kc5Jo01MaVSVcOfbURWi_XcGtaGwMvnfJLVmzTevDVk2mXORJu6C6nUpEeyWsjGnyhrS4ShsKtn2FROH-NiwihySTb3Z2nalY_17cRmxPUtUQgJtNWTQ68NfWkRjpdq_wOAQyPTYFqTRoC-5yeaVZ6IJWPnEp45lJ5tdD7LXFoSce--n-5vS_MLM4fj33dfQ-6w==/Njg1LUtCTC03NjUAAAGZSMJ3nGL9hPNW7Xf1buXS8EwnO5ZPm4LlqmpXhuCsgq2I3yKyF-TTODHMr3dD7cLFDlO6lP4=>