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    • News
    • The Future of US Aid

    Millennium Challenge Corporation's acting CEO resigns

    The departure of Gina Spiro comes as MCC faces an uncertain future.

    By Adva Saldinger // 15 May 2025

    The acting CEO of the Millennium Challenge Corporation, the U.S. aid agency whose fate is in limbo, resigned Tuesday, according to several sources.

    “As of this afternoon, I have stepped down from my temporary service as MCC’s Acting CEO and I will proceed to take deferred resignation,” Gina Spiro wrote in a Tuesday email to staff that was seen by Devex. “I expect you will receive information in the coming days on MCC’s new acting head of agency.”

    A new acting head of the agency had not yet been named as of Wednesday, though it must be someone employed by the agency for at least 90 days or otherwise confirmed by the Senate to a post in the administration.

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    Read more:

    ► Scoop: Elon Musk’s DOGE takes aim at Millennium Challenge Corporation

    ► MCC in numbers: The grants, countries, and programs at stake (Pro)

    ► MCC shutdown would risk global trust, cede ground to China, experts warn

    • Democracy, Human Rights & Governance
    • Trade & Policy
    • Institutional Development
    • Millennium Challenge Corporation (MCC)
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    About the author

    • Adva Saldinger

      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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