United States

Nomination of Ivanka Trump as World Bank President

 

The Ivanka Trump candidacy for the presidency of the World Bank has been announced on Saturday.

“The US Treasury Department has received the names of potential candidates to succeed Jim Young Kim as president of the World Bank, including the daughter of the US president and his adviser Ivanka Trump,” the Financial Times reported in a report.

It was customary for the United States to nominate the President of the World Bank, while the European countries were nominated by the Director of the International Monetary Fund. Source