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On September 4, 1961, the Congress passed the Foreign Assistance Act, which reorganized the U.S. foreign assistance programs including separating military and non-military aid. The Act mandated the creation of an agency to administer economic assistance programs, and on November 3, 1961, President John F. Kennedy established the U.S. Agency for International Development (USAID).

S 1425 seeks to increase the economic empowerment of women in developing countries through assistance for women in developing countries with respect to: (1) microenterprises; (2) small and medium enterprises; (3) private property rights and land tenure security Close Official Summary 7/9/2009--Introduced.Global Resources and Opportunities for Women to Thrive Act of 2009 or GROWTH Act of 2009 - Targets assistance for women in developing countries with respect to: (1) microenterprises; (2) small and medium enterprises; (3) private property rights and land tenure security; (4) employment access; (5) trade benefits; (6) exchanges with U.S. entrepreneurs; and (7) Millennium Challenge Account assistance. Directs the Secretary of State to establish the Global Resources and Opportunities for Women to Thrive (GROWTH) Fund to enhance economic opportunities for very poor, poor, and low-income women in developing countries with a focus on: (1) increasing women-owned enterprise development; (2) increasing property rights for women; (3) increasing women's access to financial services; (4) increasing women in leadership in implementing organizations as well as financial service providers; (5) improving women's employment benefits and conditions; and (6) increasing women's ability to benefit from global trade. Directs the Secretary, through the United States Agency for International Development (USAID), to: (1) provide support for tracking indicators on women's employment, property rights, access to financial services, and enterprise development; and (2) ensure foreign assistance project proposals include capacity building and technical assistance for local, indigenous, nongovernmental, organizations and community-based organizations dedicated to addressing the needs of women and women's organizations. featured in a recent post http://bit.ly/aCzznX

The Committee that will be reviewing the Foreign Assistance Act, which is an important component in America's effort to help in achieving the Millennium Development Goals.