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You have likely seen in the last 48 hours the now shuttered offices of the U.S. Agency for International Development (USAID), an independent federal agency authorized and funded by Congress, and news of U.S. Secretary of State Marco Rubio’s subsequent declaration that he is now USAID’s acting administrator. 

But for World Council of Credit Unions (WOCCU) and the U.S. credit union system’s connection to the wider global credit union movement, the gravity of what’s been taking place with the near blanket freeze on all foreign aid has been hitting home for well over a week.  

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