World Bank critic David is Trump pick for top job

Washington, February 7 

US President Donald Trump has nominated noted economist David Malpass to head the World Bank and ensure that the bank’s dollars are spent “effectively and wisely” and to “serve American interests,” sparking concerns that he may seek to reduce the role of the global lender.

A Trump loyalist and a vocal critic of the World Bank, 62-year-old Malpass was a senior economic adviser to the US president during his 2016 election campaign.

If approved by the Directors of the World Bank Group, Malpass would replace Jim Yong Kim as the president of the bank.

Announcing his nomination on Wednesday, Trump declared Malpass, a long-time Republican, as a “special man”, and as someone who was eminently qualified for the position. — PTI

from The Tribune http://bit.ly/2HX8k2R
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