“Using the DFC to prop up a risky market during a wartime crisis calls into question how the agency will adhere to its required due diligence procedures,” continued Ranking Member Shaheen. “If this proposal aims to support global energy flows, Beijing stands to be a primary beneficiary,” Ranking Member Shaheen added. Are we certain companies will consider this support significant enough to restart travel? Therefore, I ask for more detail on the specific criteria you and Chubb will use to determine which vessels and cargo will be eligible for this DFC reinsurance program. I am concerned that this DFC maritime reinsurance proposal was quickly conceived.

Source: Fox News March 23, 2026 17:24 UTC