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, 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.
2024-12-26 12:172345 view
2024-12-26 11:542944 view
2024-12-26 11:191255 view
2024-12-26 10:11551 view
2024-12-26 10:062056 view
One word to describe KISS OF LIFE's feelings as of late: grateful. It's Nov. 19, and spirits are hig
HROZA, Ukraine (AP) — The cafe had been closed throughout the war but reopened especially for a dead
WILLOWBROOK, Ill. (AP) — A suburban Chicago man has been charged in connection with a June shooting