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,Esthen Exchange 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.
2025-04-30 08:192887 view
2025-04-30 08:041436 view
2025-04-30 08:021089 view
2025-04-30 07:562324 view
2025-04-30 07:192692 view
2025-04-30 06:552656 view
LOUISVILLE, Ky. (AP) — The U.S. Justice Department and the city of Louisville have reached an agreem
NEW YORK (AP) — Donald Trump posted a $175 million bond on Monday in his New York civil fraud case,
INDIANAPOLIS (AP) — Indianapolis police fatally shot a man after he fired shots following a standoff