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David Malpass

FILE - MasterCard CEO Ajay Banga speaks to reporters in New York, April 6, 2011. Former Mastercard CEO Ajay Banga has been nominated by the U.S. to lead the World Bank, President Joe Biden announced on Thursday morning. The news comes days after Trump-appointee David Malpass announced plans to step down from his role leading the 189-nation agency. (AP Photo/Seth Wenig, File)
US nominates Ajay Banga for World Bank president
The United States is nominating former Mastercard CEO Ajay Banga to lead the World Bank. President Joe Biden announced the choice on Thursday, crediting Banga with critical experience on global challenges including climate change.
 
File -World Bank Group President David Malpass speaks during the 2022 annual meeting of the International Monetary Fund and the World Bank Group, Friday, Oct. 14, 2022, in Washington. (AP Photo/Manuel Balce Ceneta, File)
Climate advocates urge World Bank overhaul as leader exits
 
FILE - World Bank Group President David Malpass attends a news conference during the 2022 annual meeting of the International Monetary Fund and the World Bank Group, Oct. 13, 2022, in Washington. On Wednesday, Feb. 15, 2023, it was announced that Malpass is stepping down as president of the World Bank, nearly four years after former President Donald Trump nominated him to run the 189-nation agency. (AP Photo/Patrick Semansky, File)
Trump pick Malpass stepping down as head of the World Bank
 
FILE - David Malpass, president of the World Bank Group, arrives for a meeting with Japan's Prime Minister Fumio Kishida at Kishida's official residence in Tokyo, Japan, Sept. 13, 2022. Malpass said Friday, Sept. 23, 2022, that he will not resign after coming under criticism for his remarks earlier this week regarding climate change. (Issei Kato/Pool Photo via AP, File)
World Bank head says he’s not a climate denier, won’t quit
 
A worker arranges fruit for sale a food market in Ankara, Turkey, Friday, June 3, 2022. Annual inflation in Turkey hit 73.5% in May, according to official data released by the Turkish Statistical Institute on Friday, as a cost-of-living crisis in the country deepens. (AP Photo/Burhan Ozbilici)
World Bank dims outlook for global economy amid Russia war
 
Guest lineups for the Sunday news shows
Guest lineups for the Sunday news shows
 
Treasury Secretary Janet Yellen, left, shakes hands with Prime Minister of Ukraine Denys Shmyhal, right, before their meeting at the Treasury Department in Washington, Thursday, April 21, 2022. (AP Photo/Susan Walsh)
Yellen weighs costs of war on Russia’s frozen assets
The mounting economic damage to Ukraine from Russia’s ongoing bombardment has the U.S. and its allies speeding billions in aid to the beleaguered country — and looking for other sources of cash, including Russia itself.
 
Sri Lankans queue up near a fuel station to buy kerosene in Colombo, Sri Lanka, Tuesday, April 12, 2022. Sri Lanka is suspending its repayment of foreign debt, including bonds and government-to-government borrowings, pending the completion of a loan restructuring program with the International Monetary Fund to deal with the island nation's worst economic crisis in decades, the government said Tuesday. (AP Photo/Eranga Jayawardena)
IMF, World Bank chiefs warn of debt squeeze in poor nations
The heads of the International Monetary Fund and the World Bank are warning that rising interest rates are squeezing the world’s poorest countries as they struggle with the coronavirus and soaring food prices.
 
Guest lineups for the Sunday news shows
Guest lineups for the Sunday news shows
 
Sudanese participate in a demonstration, in Khartoum, Sudan, Thursday, Sept. 30, 2021. Thousands of Sudanese rallied in the capital of Khartoum against the country's military and demanding the formation of new transitional authorities that would exclusively consist of civilians. Thursday's demonstration accused the generals of derailing the country’s transition to democracy. (AP Photo/Marwan Ali)
World Bank chief in landmark Sudan visit, focuses on reforms
The head of the World Bank has discussed Sudan’s daunting economic challenges with the country’s transitional government.
 
FILE - In this Oct. 9, 2020, file photo, a health worker, right, administers the first dose of a COVID-19 vaccine currently on phase III clinical trials to Cem Gun, an emergency medicine physician at the Acibadem Hospital in Istanbul. The World Bank has approved $12 billion in financing to help developing countries buy and distribute coronavirus vaccines, tests, and treatments, aiming to support the vaccination of up to 1 billion people, the bank said in a statement late Tuesday, Oct. 13. (AP Photo/Emrah Gurel, File)
World Bank approves $12B to finance virus vaccines, care
The World Bank has approved $12 billion in financing to help developing countries buy and distribute coronavirus vaccines, tests, and treatments, aiming to support the vaccination of up to 1 billion people.
 
‘A crisis like no other': IMF facing huge demand for support
WASHINGTON (AP) — The head of the International Monetary Fund said Wednesday that the lending agency is facing huge demand for support from its members during the global pandemic.
 
FILE - In this 2007 file photo, David Malpass, then the Chief Economist at Bear, Stearns & Co. Inc., speaks at the Council on Foreign Relations in New York. President Donald Trump plans to nominate Malpass, an administration critic of the World Bank, to be the institution’s next leader. (AP Photo/Mark Lennihan)
Trump to tap David Malpass, critic of World Bank, to lead it
WASHINGTON (AP) — The World Bank may be poised for a shake-up with President Donald Trump planning to nominate David Malpass, who has been a critic of the bank, to lead the institution focused on global poverty.