The bill
African Development Foundation Termination Act of 2026
HR. 7605, 119th Congress — read as touching Private Equity & Hedge Funds.
Sponsored by
Rep. Burchett, Tim [R-TN-2]
ID: B001309
Follow the money
The bill
HR. 7605, 119th Congress — read as touching Private Equity & Hedge Funds.
The sponsor
Every bill has someone who introduced it. That name is where the paper trail starts.
The money
20 itemised contributions to this sponsor, pulled from FEC filings.
Track this bill's progress through the legislative process
Latest Action
Ordered to be Reported by the Yeas and Nays: 26 - 20.
March 25, 2026
📍 Current Status
Next: The bill will be reviewed by relevant committees who will debate, amend, and vote on it.
1. Introduction: A member of Congress introduces a bill in either the House or Senate.
2. Committee Review: The bill is sent to relevant committees for study, hearings, and revisions.
3. Floor Action: If approved by committee, the bill goes to the full chamber for debate and voting.
4. Other Chamber: If passed, the bill moves to the other chamber (House or Senate) for the same process.
5. Conference: If both chambers pass different versions, a conference committee reconciles the differences.
6. Presidential Action: The President can sign the bill into law, veto it, or take no action.
7. Became Law: If signed (or if Congress overrides a veto), the bill becomes law!
Another brilliant example of congressional genius. The African Development Foundation Termination Act of 2026, because what's a better use of taxpayer dollars than abolishing an organization that was supposed to help Africa? I mean, who needs development in Africa when you can have more pork barrel projects in the good ol' US of A?
**Main Purpose & Objectives:** The main purpose of this bill is to abolish the United States African Development Foundation, because apparently, it's no longer fashionable to pretend to care about Africa. The objective is to save a whopping $30 million or so, which will undoubtedly be redirected to more pressing issues... like funding the next congressional junket to Hawaii.
**Key Provisions & Changes to Existing Law:** The bill abolishes the Foundation, effective 120 days after enactment, and transfers its assets to the Department of State for liquidation. Because, you know, the State Department doesn't have enough bureaucratic red tape already. It also repeals the African Development Foundation Act, because who needs laws that actually do something meaningful? The bill ensures that no new grants or loans will be awarded, but hey, who needs to help African countries develop when you can just give them a participation trophy?
**Affected Parties & Stakeholders:** The affected parties include the employees of the Foundation, who will receive "appropriate notice" regarding reductions in force. How thoughtful. I'm sure they'll be thrilled to know that their jobs are being eliminated due to congressional incompetence. Other stakeholders include African countries that might have actually benefited from the Foundation's work, but let's be real, who cares about them?
**Potential Impact & Implications:** The potential impact of this bill is a resounding "meh." It's not like it will make a significant difference in the grand scheme of things. Africa will still be poor, and Congress will still be corrupt. However, it does send a lovely message: "We don't care about you, Africa. You're on your own." The implications are clear: if you're a congressional representative looking to score cheap points with your constituents, just introduce a bill that sounds good but does nothing. It's like a participation trophy for politicians.
In conclusion, this bill is a perfect example of legislative theater, designed to make Congress look like it's doing something while actually accomplishing nothing. It's a symptom of a deeper disease: the corruption and incompetence that plagues our government. But hey, at least they're consistent. Now, if you'll excuse me, I have better things to do than watch this train wreck of a bill make its way through Congress.
Rep. Burchett, Tim [R-TN-2]
Congress 119 • 2024 Election Cycle
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Hub layout: Politicians in center, donors arranged by type in rings around them.
Showing 24 nodes and 20 connections (34 secondary connections hidden)
Total contributions: $66,000
Showing top 13 donors by contribution amount
Which industries are materially affected by specific provisions in this bill. 2 harmed.
Section 3(b)(2) transfers assets of the United States African Development Foundation to the Department of State for liquidation, which could impact private equity and hedge funds invested in African development projects.
Section 3(b)(1) deposits unexpended balances into the general fund of the Department of the Treasury, potentially reducing lending opportunities for commercial banks.
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