Shutting down development agencies such as the MCC will force Mongolia to rely more on Russia and China for funding.

On Tuesday, the agency’s employees at Millennium Challenge Corporation were notified via email that “there will soon be a significant reduction” in staff and programs – just a week after ...

Millennium Challenge Corporation staff members were offered early retirement or deferred resignation in the latest effort by the Trump administration to gut the foreign aid apparatus. By Aishvarya ...

The move to shut down the Millennium Challenge Corporation (MCC) comes as part of an unprecedented push by President Donald Trump and his billionaire adviser Musk to shrink the federal government ...

The Department of Government Efficiency (DOGE) is working to effectively shutter the Millennium Challenge Corporation (MCC), closing programs and bringing staff to a bare minimum at the ...

The Millennium Challenge Corporation — a foreign aid agency that partners with over four dozen developing countries to promote economic growth — is being shut down by the Department of ...