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DFC Launches Wall Street Office to Boost U.S. Investment

2/21/2026

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Summary

Story summary

The Development Finance Corporation (DFC) opened its first Wall Street office in New York City with a $205 billion budget to out-invest China.
Ben Black, the DFC CEO, emphasized that American investment is crucial for economic statecraft.
The New York City office will recruit talent and raise capital, aligning with U.S. President Donald Trump's foreign policy goals.

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Story summary

The Development Finance Corporation (DFC) opened its first Wall Street office in New York City with a $205 billion budget to out-invest China.
Ben Black, the DFC CEO, emphasized that American investment is crucial for economic statecraft.
The New York City office will recruit talent and raise capital, aligning with U.S. President Donald Trump's foreign policy goals.