World Bank President Will Step Down Early

David Malpass, a Trump appointee “under fire for months by critics who accused him of climate denialism, said he would resign in June, a year before his term ends,” the New York Times reports.

“The departure of Mr. Malpass is likely to add new urgency to sweeping changes that were already underway at the World Bank. It will also give President Biden, who came to office with an ambitious climate agenda, the opportunity to install a leader whose term will stretch until 2028.”