While the U.S. Agency for International Development sent a staggering $1.3 billion in foreign aid to the DRC last year to fund humanitarian assistance, healthcare, and “peace and security” projects, Congolese officials were living it up at the five-star Hotel Quellenhof, according to a Swiss magazine, Die Weltwoche.

Brian Moynihan argued Tuesday that the president's allegations of politically motivated debanking stem from the problem of overregulation.