Current:Home > reviewsSafeX Pro:David Malpass is stepping down as president of the World Bank -Intelligent Capital Compass
SafeX Pro:David Malpass is stepping down as president of the World Bank
Johnathan Walker View
Date:2025-04-09 20:13:22
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,SafeX Pro 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! (77)
Related
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- 2 Americans charged with murder of Canadian tycoon and his partner in Dominica
- What is the healthiest wine? Find out if red wine or white wine is 'best' for you.
- Congo’s president makes campaign stop near conflict zone and blasts Rwanda for backing rebels
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- GOP presidential candidates weigh in on January debate participation
- LSU QB Jayden Daniels wins Heisman Trophy despite team's struggles
- Bravo Fans Will Love These Gift Ideas From Danny Pellegrino, Including a Scheana Shay Temporary Tattoo
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- Horoscopes Today, December 9, 2023
Ranking
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Students and lawmakers gather at Philadelphia temple to denounce antisemitism
- Elon Musk restores X account of Alex Jones, right-wing conspiracy theorist banned for abusive behavior
- Los Angeles mayor works to tackle city's homelessness crisis as nation focuses on affordable housing
- What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
- Israel battles militants in Gaza’s main cities, with civilians still stranded near front lines
- These Deals on Winter Boots Were Made For Walking & So Much More
- US Climate Activists at COP28 Slam Their Home Country for Hypocrisy
Recommendation
Meta releases AI model to enhance Metaverse experience
Hiding purchases or debts from a partner can break a relationship – or spice it up
At least 6 dead after severe storms, tornadoes hit Tennessee, leave trail of damage
Joe Flacco named Browns starting quarterback for rest of season after beating Jaguars
The Grammy nominee you need to hear: Esperanza Spalding
Fantasy football waiver wire Week 15 adds: 5 players you need to consider picking up now
Krispy Kreme reveals 'Elf' collection before 'Day of the Dozens' deal: How to get a $1 box
We unpack Diddy, hip-hop, and #MeToo