Diplomacy
Victoria Coates weighs in on Trump’s proposal of being a world lender instead of the world’s bank
Victoria Coates, Vice President of Foreign Policy at The Heritage Foundation, says former President Donald Trump’s suggestion for the U.S. to create a loan structure to foreign nations at war would be an improvement from President Joe Biden’s endless money flow to Ukraine. Coates points out that a majority of Europe’s foreign aid to Ukraine is given as loans, not as direct grants like the United States.