Tags: Trump Administration | ivanka trump | world bank | president | jim kim

Report: Ivanka Trump Floated As Possible World Bank President

ivanka trump sits at a summit
Ivanka Trump speaks during the Business Roundtable CEO Innovation Summit in Washington, DC on December 6, 2018. (JIM WATSON/AFP/Getty Images)

By    |   Sunday, 13 January 2019 08:55 AM

The name of President Donald Trump’s daughter, Ivanka Trump, is reportedly “floating around Washington” as a possible nominee for a new president of the World Bank.

The Financial Times reported her name has surfaced in the wake of the abrupt announcement last week that the current head, Jim Yong Kim, will leave. He has more than three years before his second term is due to end, the news outlet noted.

The first daughter’s edge may be tied to her part as the driving force behind the $1 billion, Saudi-supported World Bank fund to promote entrepreneurship by women, the Daily Mail noted.

Before becoming an adviser to her father in the White House, Ivanka Trump was an executive vice president at the Trump Organization. She began her career as a model before moving into business and accompanying her father at the boardroom table on the hit TV show “The Apprentice.”

The U.S. president doesn’t have the final say on the World Bank appointment, which must be voted on by the bank’s board of directors. But presidential nominations have traditionally led to appointments, The Guardian reported. Kim was nominated by President Barack Obama in 20212.

The bank, founded in 1944, which works to promote economic development and poverty reduction, has historically been led by figures with multiple decades of governmental, macroeconomic or academic experience. All 12 presidents to date have been men.

Reaction to the possibility of Ivanka Trump as new president was met with expected derision by some Democrats.

“Of all the people in US who could be World Bank President, the most qualified is Ivanka Trump, who lost her fashion line & happens to be the daughter of @POTUS. I see,” Rep. Ted Lieu tweeted sarcastically.

© 2019 Newsmax. All rights reserved.

   
1Like our page
2Share
Newsfront
The name of President Donald Trump's daughter, Ivanka Trump, is reportedly "floating around Washington" as a possible nominee for a new president of the World Bank.The Financial Times reported her name has surfaced in the wake of the abrupt announcement last week that the...
ivanka trump, world bank, president, jim kim
287
2019-55-13
Sunday, 13 January 2019 08:55 AM
Newsmax Media, Inc.
 
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved