Number: RS20791 Title: MULTILATERAL DEVELOPMENT BANKS: PROCEDURES FOR U.S. PARTICIPATION Authors: Jonathan E. Sanford, Foreign Affairs, Defense, and Trade Division Abstract: The United States is a member of seven multilateral development institutions. This report discusses the process for U.S. involvement in each. The U.S. Treasury Department manages U.S. participation, in consultation with other agencies. Congress has a major role in the formulation of U.S. policy, though this differs in several important respects from the role it exercises over U.S. agencies. Pages: 6 Date: Updated January 22, 2001