Trump's World Bank Nominee Thought To Be David Malpass

Credit: Wochit
Published on February 5, 2019 - Duration: 00:32s

Trump's World Bank Nominee Thought To Be David Malpass

The Trump administration said President Donald Trump has a person in mind to lead the World Bank.

They said Trump intends to pick senior Treasury Department official David Malpass as the U.S. nominee.

According to Reuters, Malpass is a loyalist and a skeptic of multilateral institutions.

In 2018, the World Bank committed nearly $64 billion to developing countries.

After making the nomination, Malpass would still need to win approval from the World Bank’s 12-member executive board.

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