Current：Home > StocksDavid Malpass is stepping down as president of the World Bank -Achieve Wealth Network
David Malpass is stepping down as president of the World Bank
Charles H. Sloan View
Date：2025-04-10 08:24:15
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！ (86583)
Related
- A White House order claims to end 'censorship.' What does that mean?
- Family caregivers of people with long COVID bear an extra burden
- Cook Inlet Natural Gas Leak Can’t Be Fixed Until Ice Melts, Company Says
- NYC Mayor Eric Adams Calls Out Reckless and Irresponsible Paparazzi After Harry and Meghan Incident
- Trump wants to turn the clock on daylight saving time
- With student loan forgiveness in limbo, here's how the GOP wants to fix college debt
- Standing Rock: Tribes File Last-Ditch Effort to Block Dakota Pipeline
- Global Shipping Inches Forward on Heavy Fuel Oil Ban in Arctic
- The Grammy nominee you need to hear: Esperanza Spalding
- Wildfire smoke blankets upper Midwest, forecast to head east
Ranking
- B.A. Parker is learning the banjo
- The glam makeovers of Pakistan's tractors show how much farmers cherish them
- Politicians say they'll stop fentanyl smugglers. Experts say new drug war won't work
- Some electric vehicle owners say no need for range anxiety
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- Kate Spade 24-Hour Flash Deal: Get This $380 Backpack for Just $99
- Cook Inlet Gas Leak Remains Unmonitored as Danger to Marine Life Is Feared
- UK Carbon Emissions Fall to 19th Century Levels as Government Phases Out Coal
Recommendation
New data highlights 'achievement gap' for students in the US
How seniors could lose in the Medicare political wars
Inside Tori Spelling's 50th Birthday With Dean McDermott, Candy Spelling and More
One state looks to get kids in crisis out of the ER — and back home
At site of suspected mass killings, Syrians recall horrors, hope for answers
Parents raise concerns as Florida bans gender-affirming care for trans kids
Millions of Google search users can now claim settlement money. Here's how.
Amid Boom, U.S. Solar Industry Fears End of Government Incentives