Trump could cost the US the World Bank presidency for the first time


#TIA – Trump’s first requirement for any post seems finding the most likely candidate to do away with it.

Donald Trump is preparing to select David Malpass, a Treasury official, as the US nominee to lead the World Bank, a move predicted to hasten the end to a 72-year-old tradition of US leadership at the global development finance agency.

It’s an extremely Trumpy move, because Malpass is a critic of international development. Like placing public-housing skeptic Ben Carson at the head of the Department of Housing and Urban Development, or pay-day-loan darling Mick Mulvaney in charge of the Consumer Financial Protection Bureau, the move signals a hearty desire to disassemble the institution from within.

Read more at Quartz