From the article:
WASHINGTON—President Trump will nominate David Malpass, one of the World Bank’s sharpest critics within his administration, to be the next leader of the bank.
The president will formally announce Mr. Malpass as the American nominee to lead the world’s largest development bank on Wednesday, according to administration officials.
As the Treasury Department’s undersecretary for international affairs, Mr. Malpass has attracted attention for his criticism of the World Bank, especially over its lending to China. He has argued the country has become wealthy enough that it no longer needs to borrow from the World Bank. Mr. Malpass has also been part of the U.S. team negotiating trade with China.
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“David Malpass is a Trump loyalist who has committed economic malpractice on a wide range of topics, from dismissing the first signs of the 2008 global financial crisis to flirting with the abolition of the IMF,” said Justin Sandefur, a senior fellow at the Center for Global Development, a think tank focused on global poverty. “The question now is whether other nations represented on the World Bank’s board of governors will let the Trump administration undermine a key global institution.”
