WASHINGTON D.C. — Today, East Asia and Pacific Subcommittee Chair Young Kim (CA-40) participated in a House Foreign Affairs Committee hearing titled “Ending Supply Chain Dependency: Aligning Tools, Capital, and Partnerships.”
During this hearing, Rep. Kim highlighted her DOMINANCE Act, which passed the House in June and would establish Energy Security Pacts to align diplomatic, financing, and technical tools across agencies to strengthen allied critical minerals supply chains.
She also emphasized the importance of strengthening the U.S. International Development Finance Corporation (DFC), highlighting its reauthorization in the Fiscal Year 2026 NDAA, which tripled the agency’s investment cap and created a $5 billion equity revolving fund. She noted that her FLEETS Now Act would build on these reforms by expanding DFC’s ability to invest in strategic port infrastructure critical to resilient supply chains.
Watch her remarks HERE.
