Trump to choose Treasury’s Malpass to lead World Bank

Trump to choose Treasury’s Malpass to lead World Bank

US President Donald Trump plans to nominate David Malpass to lead the World Bank, according to a senior administration official who spoke on a condition of anonymity. Malpass has been skeptical of the 189-nation World Bank. The World Bank provides low-cost loans for projects around the world. Malpass has called to curb the World Bank’s reach and criticized its lending to China.

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