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.
2024-12-24 09:132210 view
2024-12-24 09:122925 view
2024-12-24 08:332924 view
2024-12-24 08:1752 view
2024-12-24 08:101747 view
2024-12-24 07:112080 view
Jana Duggar is counting on becoming a Cornhusker.The 19 Kids and Counting alum shared a glimpse into
Moscow — Russia's FSB security services said on Tuesday it had arrested a woman with dual U.S.-Russi
BURNSVILLE, Minn. (AP) — Two police officers and a firefighter who responded to a domestic situation