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AP source: Trump to tap critic of agency to lead World Bank
WASHINGTON — President Donald Trump plans to nominate David Malpass, a Trump administration critic of the World Bank, to lead the institution.
That is according to a senior administration official who spoke on condition of anonymity because the official wasn’t authorized to comment publicly on personnel decisions. Trump is expected to make the announcement later this week.
Malpass, now the undersecretary for international affairs at the Treasury Department, has been an outspoken skeptic of the 189-nation World Bank, a leading source of funding for economic development. The World Bank provides low-cost loans for projects around the world. Among its key missions is helping combat poverty in developing countries.