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Ivanka Trump Is Under Consideration To Lead The World Bank: Report


Ivanka Trump Is Under Consideration To Lead The World Bank: Report

President Donald Trump’s daughter and White House adviser, Ivanka Trump, is one of the names being considered to replace outgoing World Bank President Jim Yong Kim, the Financial Times reported Friday.

The DC-based World Bank, founded after World War II to finance economic-development projects in emerging economies, is also considering undersecretary of the Treasury for International Affairs David Malpass, United States Agency for International Development director Mark Green, and former UN ambassador Nikki Haley, the Financial Times said.

Unlike some of the other proposed candidates, Business Insider notes that Ivanka does not have a background in international trade economics.

“A World Bank president chosen by the Trump administration could, in particular, try to limit its financing of projects intended to tackle climate change, as well as any work that is seen as supporting the building of Chinese infrastructure,” the report said.

It also revealed that people are “worried” about the new transition of power.

“I think frankly right now people in the bank are worried about how do we protect the institution,” former senior World Bank official told the Financial Times.

President Trump previously floated Ivanka as a replacement for UN ambassador Nikki Haley’s position, but ended up nominating State Department spokeswoman Heather Nauert after concerns of nepotism were raised.

“So nice, everyone wants Ivanka Trump to be the new United Nations Ambassador. She would be incredible, but I can already hear the chants of Nepotism! We have great people that want the job,” Trump tweeted at the time.


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