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,NSI Community 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.
2025-05-06 19:28779 view
2025-05-06 18:31832 view
2025-05-06 18:242855 view
2025-05-06 18:131147 view
2025-05-06 17:44860 view
2025-05-06 17:361115 view
A private company aiming to build the first supersonic airliner since the Concorde retired more than
The debut College Football Playoff rankings can be used as a road map for the rest of the regular se
Jennifer Lopez is getting kudos from her soon-to-be ex-husband, Ben Affleck.The actor praised his ex