Treasury Secretary Vicente announced yesterday (date not specified in transcript) that an agreement was signed to establish the US Ukraine Reconstruction Investment Fund and that Ambassador Julie Davis has been identified to serve as the charge d’affaires in Kyiv.

The announcement said the initiative is intended to attract private-sector investment, create jobs, develop secure supply chains and support Ukraine’s recovery from the war. President Trump and Secretary Rubio were identified in the statement as supporters of the partnership between the American and Ukrainian peoples.

The transcript provides no dollar amounts, legal citations or implementing agencies for the new fund. It also does not specify when Ambassador Julie Davis would assume duties in Kyiv, whether the appointment is temporary, or what formal steps remain for the fund’s deployment.

The item was presented as an announcement of two actions: the signing of an agreement to create the US Ukraine Reconstruction Investment Fund and the identification of Ambassador Julie Davis to serve in Kyiv as charge d’affaires. The transcript does not record a public discussion, a vote, or additional departmental remarks about oversight, congressional notifications or a timetable for projects financed by the fund.

Officials described the initiative as intended to spur private investment and economic growth; the transcript attributes those aims to the announcement itself rather than to an implementing plan. The record also notes that President Trump “envisioned this partnership” with Ukraine, wording included in the delivered statement.

No statutory or regulatory authorities were cited in the transcript, and the announcement did not include information about required approvals, funding sources, or specific programs that would receive investment. Further details about structure, governance, financing, and oversight were not specified in the provided text.