Trump to choose Treasury's Malpass to lead World Bank: sources

The nomination of Malpass would put a Trump loyalist and a skeptic of multilateral institutions in line to lead the World Bank, which committed nearly $64 billion to developing countries in the year ended June 30, 2018. Politico, which first reported the decision, said it would be announced on Wednesday, citing unidentified administration officials. Spokespersons for the White House and the U.S. Treasury declined comment.

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