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Tag: MCC


Senate: Before You Go, Confirm MCC's New CEO

Yesterday, the Senate confirmed the nomination of MCC CEO Daniel Yohannes to represent the United States in the Organization for Economic Cooperation and Development.  Yohannes’ impending departure from MCC leaves a big gap in the agency’s top leadership until the Senate confirms the White House nominee, Dana Hyde, as new CEO.

Hating on the MCC’s Corruption Hard Hurdle

Our new analysis Hating on the Hurdle explores the MCC’s use of a hard hurdle for its control of corruption indicator and finds that this strict interpretation – a country must be above the median on the corruption indicator to be considered for eligibility – is doing a disservice to the MCC and its partner countries.

MCC Could See a Budget Boost for FY2015

The President’s FY2015 budget request is out and it looks good for MCC.  With a base budget ask of $1 billion, this is the highest request the Millennium Challenge Corporation has seen since FY2012.  Of course, the request is just the first step of the budget process, so MCC may or may not receive the full amount.   But if it does, it would be the largest appropriation for the agency since FY2010. 

Congress Is Right about Honduras and Tunisia, But Wrong to Micromanage the MCC Board

Congress recently passed an omnibus appropriations bill providing funding for the remainder of Fiscal Year (FY) 2014.  MCC received $898 million and a finger-shaking from Congress about the agency’s threshold program, communicating to MCC through a couple of different provisions, “we don’t like the countries you’ve picked.”  While I also disagree with some of MCC’s recent choices for the threshold program, it’s too bad for the MCC to lose some of its flexibility, and I’m rather troubled by the precedent of Congress using legislation