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TESTIMONY
March 21, 2024
On Thursday, March 21, 2024, CGD Senior Fellow Charles Kenny appeared before the Subcommittee on National Security, the Border, and Foreign Affairs of the House Committee on Oversight and Accountability at a hearing titled “Accountable Assistance: Reviewing Controls to Prevent Mismanagement of Forei...
Blog Post
January 24, 2024
Yesterday marked two decades since President George W. Bush signed into law a consolidated spending bill that carried authorization for the creation of a new innovative US aid agency. The win came nearly two years after the president unveiled his bold vision that centered on “a new compact for globa...
Blog Post
July 27, 2023
Last week’s Senate Appropriations Committee markup revealed a vast gulf dividing the Capitol with respect to development and diplomacy funding for the coming fiscal year. The two chambers’ State and Foreign Operations spending bill toplines are more than $9 billion apart, with the House coming in at...
Blog Post
July 06, 2023
USAID administrator Samantha Power’s aim to advance localization—with at least a quarter of funds going directly to local partners—has been widely lauded. A recent USAID report on localization indicates progress towards this goal, but major operational and contractual directions about how to impleme...
Blog Post
May 05, 2023
The Senate Foreign Relations Committee this week approved bipartisan legislation that would expand the list of countries the Millennium Challenge Corporation (MCC) can engage while preserving its strict eligibility requirements that demand partners adhere to principles of good governance and uphold ...
Blog Post
March 09, 2023
Dana Hyde showed tremendous leadership and wisdom as the fourth head of the Millennium Challenge Corporation (MCC), serving for nearly three years during President Obama’s second term. These brief notes on her leadership are our way of providing a tribute to her major contributions to MCC’s effectiv...
Blog Post
January 10, 2023
Ahead of the holiday break, US lawmakers reached agreement on a final FY2023 spending deal. After months of stalled negotiations, an omnibus appropriations package was far from guaranteed. But concerns about the consequences of a long-term continuing resolution—and the prospect of adding a major tas...
Blog Post
December 14, 2022
As African and US Leaders meet in the Washington Summit this week, we decided to ask the leader of a key agency, with a long track record on the continent, how it is contributing to more effective and expanded US engagement. We asked Millennium Challenge Corporation (MCC) CEO Alice Albright a series...
Blog Post
August 25, 2022
The existing MCC income cutoff is based on the robust principle that the best buys in global development are concentrated in the world’s poorest countries. (Indeed, when the Corporation started, it only worked in low-income countries for that reason). There is a declining marginal utility of a dolla...