WASHINGTON — The Trump administration has named its nominee to lead the Millennium Challenge Corporation.
The administration plans to nominate top White House official Sean Cairncross to the post, the White House said on Thursday, according to political website The Hill. MCC is an independent United States aid agency that provides grants to promote economic growth, poverty reduction, and good governance. The agency works in 26 countries with a combined population of about 118 million people living on less than $1.90 per day, according to MCC.
Cairncross, deputy assistant to the president and senior adviser to White House chief of staff, is a lawyer who has had a long history of working for the Republican Party. He has served as the chief operating officer of the Republican National Committee and deputy executive director and general counsel to the National Republican Senatorial Committee.
Cairncross appears to have little prior experience working on global development issues, which comes in contrast to some of the administration’s other picks for top aid posts, including Mark Green at the U.S. Agency for International Development, and Josephine Olsen, who was nominated to be the next Peace Corps chief earlier this week.
However, this is not the first time a similar situation occurred: Ray Washburne, chief executive officer of the Overseas Private Investment Corporation, previously served as vice chairman of the Trump Victory Committee and chair of the transition’s commerce team, and possessed little international experience. Washburne is now helping lead a push to expand the U.S. development finance capabilities.
In its 2018 budget, the administration recommended that MCC receive $800 million in funding, down from about $900 million in 2017, which would be the lowest level in its 15 year history if approved. MCC has historically enjoyed bipartisan support on Capitol Hill, where its model is often praised for improving accountability.
What's the future of U.S. aid and development policy under the Trump administration? Read Devex news and analysis.
About the author
Adva Saldinger@AdvaSal
Adva Saldinger is a Senior Reporter at Devex where she covers development finance, as well as U.S. foreign aid policy. Adva explores the role the private sector and private capital play in development and authors the weekly Devex Invested newsletter bringing the latest news on the role of business and finance in addressing global challenges. A journalist with more than 10 years of experience, she has worked at several newspapers in the U.S. and lived in both Ghana and South Africa.
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