Current：Home > ContactDavid Malpass is stepping down as president of the World Bank -MoneyBase
David Malpass is stepping down as president of the World Bank
View
Date：2025-04-17 10:43:17
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.
veryGood！ (14464)
Related
- $73.5M beach replenishment project starts in January at Jersey Shore
- Anthony Joshua vs. Francis Ngannou boxing match set for March 9 in Saudi Arabia
- Supreme Court allows Idaho abortion ban to be enacted, first such ruling since Dobbs
- Azerbaijan names a former oil executive to lead 2024 climate talks
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- TGI Fridays says it's closing 36 underperforming restaurants across U.S. Here's where they are.
- Michigan lottery group won $150,000 after a night out in the bar
- New Mexico attorney general says fake GOP electors can’t be prosecuted, recommends changes
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- Alaska's snow crab season canceled for second year in a row as population fails to rebound
Ranking
- A White House order claims to end 'censorship.' What does that mean?
- Danielle Brooks on 'emotional' reunion with classmate Corey Hawkins in 'The Color Purple'
- Some Georgia Republicans who sank an education voucher bill in 2023 aren’t changing their minds
- New York governor promises a floating pool in city waterways, reviving a long-stalled urban venture
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- B-1 bomber crashed during training mission in South Dakota; aircrew members ejected safely
- Pedro Pascal, Melanie Lynskey, the Obamas among nominees at creative arts Emmy Awards
- The Excerpt podcast: Police say 6th-grader killed, 5 injured in Iowa school shooting
Recommendation
Nevada attorney general revives 2020 fake electors case
B-1 bomber crashed during training mission in South Dakota; aircrew members ejected safely
A town's golden weathervane mysteriously vanished in 1999. The thief was just identified after he used his credit card to mail it back.
Terminally ill Connecticut woman ends her life in Vermont
New Zealand official reverses visa refusal for US conservative influencer Candace Owens
A Peloton instructor ranted about how she disliked the movie Tenet. Christopher Nolan, the film's director, happened to take that class.
Justice Department sues Texas over state's new border security law
Strength vs. strength for CFP title: Michigan’s stingy pass D faces Washington QB Michael Penix Jr.