Trump Nominates David Malpass For World Bank President

ABC News: Trump announces controversial pick David Malpass for World Bank president
“President Donald Trump on Wednesday announced he would nominate David Malpass, the Treasury under secretary for international affairs, as the next president of the World Bank, a pick that has already generated significant backlash from supporters of the institution…” (Mallin/Travers, 2/6).

New York Times: Trump Nominates David Malpass to Head World Bank
“…[Malpass is] a longtime critic of the World Bank’s lending practices and its business model and has expressed concern about the power that multilateral institutions exert. His appointment, which must be approved by the World Bank’s board, could prove controversial given Mr. Malpass’s skepticism of the bank and concerns that the Trump administration could politicize the role and use it to curb China’s growing global influence around the world…” (Rappeport/Appelbaum, 2/6).

Washington Post: Trump nominates Wall Street veteran David Malpass to head World Bank
“…The next [bank] president will replace Jim Yong Kim, a Korean American physician who resigned unexpectedly last month to accept a private-sector job managing infrastructure investments in developing countries. The World Bank’s board aims to prune nominees to a shortlist in the coming weeks, with a winner expected to be chosen by April. No other countries have publicly disclosed nominees…” (Whalen/Lynch, 2/6).

Additional coverage of the nomination is available from Bloomberg, CNN, Devex, The Hill, and POLITICO.