Tags: trump | world | bank | critic

AP Source: Trump to Tap Critic of Agency to Lead World Bank

world bank corporate logo symbol emblem on computer pad screen

(Mohamed Ahmed Soliman | Dreamstime)

Tuesday, 05 February 2019 06:50 AM

President Donald Trump plans to nominate David Malpass, a Trump administration critic of the World Bank, to lead the institution.

That's according to a senior administration official who spoke on condition of anonymity because the official wasn't authorized to comment publicly on personnel decisions.

Trump is expected to make an announcement later this week.

Malpass, the undersecretary for international affairs at the Treasury Department, has been a sharp critic of the World Bank, especially over its lending to China.

Malpass would succeed Jim Yong Kim, who announced in January that he is stepping down three years before his term was set to expire.

The final decision on a successor to Kim will be up to the bank's board.

Politico was first to report on the nomination.

© Copyright 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

   
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Economy
President Donald Trump plans to nominate David Malpass, a Trump administration critic of the World Bank, to lead the institution.That's according to a senior administration official who spoke on condition of anonymity because the official wasn't authorized to comment...
trump, world, bank, critic
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2019-50-05
Tuesday, 05 February 2019 06:50 AM
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