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Dr. Sohan Dasgupta, appointed earlier this year as the political head of the Millennium Challenge Corporation (MCC), told Fox News Digital he is stepping down after a four-month sprint, declaring his mission to preserve and reposition the U.S. agency as a strategic foreign policy tool as "accomplished."
Created by Congress in 2004, MCC delivers five-year infrastructure and energy compacts to developing nations that meet strict governance standards. Unlike traditional aid, its investments are structured to drive long-term economic growth and open markets for U.S. companies.
Since its creation under President George W. Bush, MCC has often been grouped with other U.S. aid programs.
Career staff have long emphasized developm