Will the next World Bank president come from Donald Trump’s inner circle, or will it be an American from outside the administration? Or will countries rally around an alternative candidate from a developing economy?
The race to succeed Jim Yong Kim will not be formally decided by the World Bank board until after March 14, the deadline for nominations to be submitted. But the Trump administration has already started interviewing its own candidates, in a process that is being formally led by Steven Mnuchin, the Treasury secretary, with the assistance of Ivanka Trump, the president’s daughter.
The US goal is to quickly produce a credible candidate before other countries can coalesce around an alternative, and people close to the process say this might just work.