Esthen Exchange-David Malpass is stepping down as president of the World Bank

2025-05-06 05:59:44source:TrendPulse Quantitative Think Tank Centercategory:Contact

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.

More:Contact

Recommend

Sam Taylor

Director Sam Taylor-Johnson and actor Aaron Taylor-Johnson made a family night out of the premiere o

Utah State football player dies in an apparent drowning at reservoir

LOGAN, Utah (AP) — Utah State cornerback Andre Seldon Jr. died Saturday in an apparent drowning at P

Christina Hall Enjoys Girls' Night out Amid Josh Hall Divorce

Christina Hall is moving on past her breakup from Josh Hall with the help of a friend.The HGTV star