Ivanka TrumpIvana (Ivanka) Marie TrumpPelosi: Trump forgot to mention newly elected women are mostly Dems 7 memorable moments from Trump's State of the Union Female House lawmakers 'raise roof' after Trump touts their victories MORE will lead a new White House initiative to be announced Thursday by President TrumpDonald John TrumpSix takeaways from the State of the Union Ocasio-Cortez rejects criticism that she wasn't 'spirited and warm' during Trump speech Lawmakers say Trump’s infrastructure vision lacks political momentum MORE aimed at developing economic stability for women in countries around the world.
The president's eldest daughter told reporters on a call Wednesday, according to The New York Times, that the initiative would cement America's status as "the most generous" nation on Earth.
“‘America First’ does not mean ‘America Alone,’” Trump added, according to the Times.
In a Wall Street Journal op-ed Wednesday evening, Trump wrote that the initiative would allocate $50 million from the budget of the United States Agency for International Development (USAID) to "coordinate America’s commitment to one of the most undervalued resources in the developing world—the talent, ambition and genius of women."
"This fund will implement the administration’s new strategy of foreign assistance, which emphasizes investments that produce measurable results and help recipient countries become self-reliant," Trump wrote. "It will also facilitate complementary private-sector investments to achieve our shared goals."
A senior White House official told the Times that the president's daughter would travel to Germany next week for the annual Munich Security Conference, at which she would promote the program and encourage officials to link women's empowerment with their national security goals.
"As the Trump administration launches W-GDP, we ask leaders everywhere to join us as we work toward a future in which women in every society can achieve their full potential and foster greater freedom, peace and prosperity around the world," Trump continued in her op-ed Wednesday evening.
An official announcement of the program is set for Thursday afternoon at the White House, according to the Times.