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,Surfwin Trading Center 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.
2025-05-08 07:282938 view
2025-05-08 07:282594 view
2025-05-08 06:581551 view
2025-05-08 06:352462 view
2025-05-08 06:352459 view
Environmental leaders in Maryland are reeling from a challenging 2025 legislative session that left
Andrew Scott is setting the record straight about that infamous group chat. Nearly two years after J
Ten bodies were found scattered around Mexico's once-glamorous resort city of Acapulco, which has be