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,Mooathon Wealth Society 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.
2025-05-05 19:231986 view
2025-05-05 19:17906 view
2025-05-05 19:1463 view
2025-05-05 18:55704 view
2025-05-05 18:49328 view
2025-05-05 17:46655 view
WASHINGTON (AP) — Senate Republican leader Mitch McConnellis still suffering from the effects of a f
After days of calling and texting relatives to no avail, Vignette Truett posted their names on a Fac
Five people were killed after a single-engine plane they were on board crashed in North Carolina whi