My decision to support President Obama's veto of the Justice Against Sponsors of Terrorism Act came after much thoughtful consideration. Although I am deeply committed to fulfilling our country's assurance to honor the lives of those killed in the terror attacks of September. 11, 2001, I do not believe this bill supports this solemn promise. Read more »
Although many of us in the financial services world were surprised by the decision of British voters to leave the European Union, it is certainly the prerogative of a free and democratic society to determine the direction of their country. Read more »
Despite this major judicial setback, nothing will deter my Democratic congressional colleagues and I from working to fix our fractured immigration system. Read more »
by Jesse BraggAround the globe, people’s access to water is being threatened every day by one of the most powerful institutions on the globe—the World Bank. Under the guise of development, the World Bank and its investment arm, the International Finance Corporation, invest hundreds of millions in water privatization schemes that reduce access to water, increase costs and have… Read more »
by Sara JeromeA key congressional leader is sounding alarm bells about the repercussions of public-private partnerships in the water sector. Rep. Gwen Moore, D-WI, the top Democrat on the House monetary policy subcommittee, is concerned with the World Bank’s endorsement of public-private partnerships in water service. In particular, she is questioning a 1997 deal that… Read more »
by Katy Daigle and Teresa Cerojano Manila - In a bustling, densely populated corner of Manila, fruit vendor Coring Gutierrez reads $35 due from her latest water bill, more than triple what her family of six paid 15 years ago. “As long as we get water,” she sighs, reflecting the relief many of the Philippine capital region's nearly 12 million residents feel about… Read more »
by Ogechi EkeanyanwuThe Environmental Rights Organisation/Friends of the Earth Nigeria (ERA/FoEN) has asked Akinwunmi Ambode, Lagos state governor, to publicly shun the public private partnership (PPP) water scheme “promoted” by the World Bank. In a statement, Akinbode Oluwafemi, ERA/FoEN’s deputy director, described the world bank’s privatisation initiative… Read more »
by Ben Ezeamalu A United States lawmaker has raised concerns over the World Bank’s role in funding and promoting water privatization across the world. Gwen Moore (Representative, Wisconsin) in a letter to the World Bank President, Jim Yong Kim, stated that the Bank’s lending arm, the International Finance Corporation, had not adequately monitored the… Read more »
by Eric WolffDem calls for pause in overseas water privatization financing: Rep. Gwen Moore, the top Democrat on the Financial Services Committee subpanel overseeing monetary policy and trade, is asking the World Bank to temporarily halt funding for water privatization abroad. She wants the International Finance Corp., a part of the bank, to wait until an independent investigation… Read more »
by Laura Barron-LopezWASHINGTON — Rep. Gwen Moore (D-Wis.) is calling out the World Bank’s investment in global water resources, alleging conflicts of interest similar to those that removed Flint, Michigan, from managing its own water. Moore, ranking member on the House Monetary Policy and Trade Subcommittee, on Tuesday condemned the World Bank’s funding and… Read more »
