A group of House Republicans has taken a decisive step with the introduction of the Defund Davos Act, a legislative measure aimed at preventing the allocation of American tax dollars to the World Economic Forum (WEF). The proposed bill, which prohibits various U.S. departments, including the Department of State and the United States Agency for International Development, from providing financial support to the WEF, has gained traction among Republican lawmakers critical of the forum’s globalist agenda.
Led by Rep. Scott Perry (R-Pa.), the bill’s sponsors, including Reps. Tom Tiffany (R-Wis.), Paul Gosal (R-Az.), Diana Harshbarger (R-Tenn.), Andy Ogles (R-Tenn.), and Matt Rosendale (R-Mt.), denounce the WEF as elitist and “anti-American.” Expressing concerns about the forum’s annual meetings in Davos, Switzerland, they argue that compelling American taxpayers to fund the WEF is unacceptable and contrary to national interests.
“The World Economic Forum doesn’t deserve one cent of American funding, and it’s past time we defund Davos,” declared Rep. Perry.
The legislation specifically targets the WEF’s initiatives, which some Republicans view as misguided and detrimental to American sovereignty. Notably, the bill seeks to prevent U.S. tax dollars from contributing to the forum’s discussions, labeled by critics as dystopian, on global solidarity, environmental sustainability, and unconventional solutions such as consuming insects to address world hunger.
The term “reset,” mentioned in the bill’s context, pertains to ideas presented by Klaus Schwab, the founder and executive chairman of the WEF, in his book “The Great Reset.” Schwab envisions a coordinated global effort to revamp societies and economies, focusing on fair market outcomes, shared goals of equality and sustainability, and harnessing innovations of the Fourth Industrial Revolution.
Critics, particularly among Republicans, argue that the WEF provides a platform for global elites, including leaders from countries like China and Iran, to advocate for measures that may not align with U.S. interests. They express concerns about U.S. funding supporting discussions on ideas perceived as contrary to American principles.
The Defund Davos Act coincided with the conclusion of the WEF’s annual conference in Davos, Switzerland. Observers noted discussions at the summit included concerns about former President Donald Trump’s potential political resurgence and its impact on global dynamics.
European Central Bank President Christine Lagarde, an attendee at the summit, voiced worries about Trump’s policies on issues such as tariffs, NATO, and climate change. The proposed legislation mirrors a broader U.S. debate on the role of international organizations, with some Republicans questioning funding initiatives that they believe run counter to American interests.
The introduction of the Defund Davos Act underscores the ongoing tension between globalist ideals and the principles of national sovereignty within the United States legislative landscape.