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,Christopher Caldwell 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.
2025-05-08 00:501208 view
2025-05-08 00:12341 view
2025-05-08 00:062100 view
2025-05-07 23:57775 view
2025-05-07 23:331523 view
2025-05-07 22:49304 view
The AP Top 25 college football pollis back every week throughout the season!Get the poll delivered s
WASHINGTON (AP) — The federal judge overseeing the 2020 election interference case against Donald Tr
Sundance Film Festival is upon us again, shining a light on the best of the best in independent cine