Posted on 02/19/2023 4:28:15 PM PST by Twotone
World Bank president David Malpass, former Under Secretary of the Treasury for International Affairs and a Trump appointee, announced Wednesday he would step down.
Malpass began a five-year term on April 9, 2019, according to his bio, but is cutting his run short after Axios reported last fall the Biden administration was seeking to oust him for failing to agree with the administration on climate change. He’ll step down at the end of the fiscal year on June 30 after seeing the multilateral development organization through a global pandemic and a war in Europe that has contributed to food and fertilizer shortages abroad, according to a press release.
“It has been an enormous honor and privilege to serve as President of the world’s premier development institution alongside so many talented and exceptional people,” Malpass, who is married to Daily Caller News Foundation President Adele Malpass, said in a statement. “With developing countries facing unprecedented crises, I’m proud that the Bank Group has responded with speed, scale, innovation, and impact.
Malpass did not say why he was stepping down, only that he hoped to tackle “new challenges.”
Malpass advocated for free and open global trade during this time in office. In his previous postings at the Treasury Department, he focused on encouraging sustainable lending, improving global living standards and increasing debt transparency, his bio states.
(Excerpt) Read more at dailycaller.com ...
The puppet master Susan Rice will appoint a BLM member to the position. Just watch.
George Floyd’s MAMA???
Why resign rather than fight on. What other leverage do they have on him?
LGBT perversion is about to strike the World Bank...
Overwhelmingly!
One more appointment for Obama to screw up.
Or another queer
“Why resign rather than fight on.”
Absolutely right. He said “...he hoped to tackle ‘new challenges.’” I can think of no bigger challenge than stopping the manmade climate change hoax in the face of incredible pressure.
Feckless Congress can stop funding this garbage. All the NGOs are a cancer on civilization.
Congress needs to explain why American tax dollars fund these sinkholes.
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