Trump Picks World Bank Skeptic to Lead Institution

President Trump “is expected to tap Treasury Department official David Malpass as the U.S. pick to lead the World Bank, a clear sign the administration wants to rein in the international financial institution,” Politico reports.

“The U.S. has historically been allowed to choose the head of the World Bank, although that dynamic has more recently faced pushback from other nations. Nominating someone who has been so openly critical of the bank could intensify that resistance.”