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.
2025-01-19 11:00496 view
2025-01-19 10:31604 view
2025-01-19 10:072198 view
2025-01-19 08:57757 view
2025-01-19 08:391641 view
2025-01-19 08:34950 view
Veterans Day is Monday, a federal holiday that has roots to events more than a century ago.The holid
All of their children are living it up. Mark Consuelos and Kelly Ripa's oldest two kids gave an upda
This essay contains spoilers for the new film American Fiction. A thing about racial stereotypes i