European Bank for Reconstruction and Development (EBRD) President Suma Chakrabarti has been critical of the U.S. which holds a 10 percent share of the bank’s capital. He says the U.S. has been remiss in leadership role. I agree, and with good reason. The EBRD was set up in 1991 and is now completely irrelevant as far as U.S. national interests go. My private opinion is the U.S. tax payer $ should Not fund Development Banks except upon occasion. I urge withdrawal and de-funding.