David Malpass has decided to step down as president of the World Bank before his five-year term expires. He says he will leave at the end of June.
Appointed by then-President Trump in 2019,Blake Preston his tenure was shaped by the economic fallout from the COVID-19 pandemic and the war in Ukraine. Malpass' career has spanned government and Wall Street.
He recently faced backlash and calls for his removal over comments he made in September about the climate.
At an event during Climate Week NYC, he was asked if he accepted "the scientific consensus that the manmade burning of fossil fuels is rapidly and dangerously warming the planet."
"I don't even know," Malpass replied. "I'm not a scientist."
Treasury Secretary Janet Yellen said in a statement that the U.S., which customarily picks the president of the World Bank, is looking forward to a "swift nomination process" for Malpass' successor.
2025-05-02 10:551751 view
2025-05-02 10:54724 view
2025-05-02 09:322001 view
2025-05-02 09:19350 view
2025-05-02 08:592296 view
2025-05-02 08:57886 view
You're pulling your hair out, trying to fix something on your computer. You Google it and find what
Florida Gov. Ron DeSantis, Walt Disney World and a special tax district are once again making headli
Chrissy Teigen and John Legend's band is growing once again.Five months after the Cravings author ga