“Banga Commends Trump’s Recognition of Importance of International Financial Institutions” – U.S. News & World Report

In a recent interview with U.S. News & World Report, World Bank President David Malpass praised President Trump for his understanding of the importance of international financial institutions. Malpass, who was appointed by Trump in 2019, commended the president for his support of the World Bank’s mission to reduce poverty and promote sustainable development around the world.

Malpass highlighted Trump’s efforts to reform and modernize the World Bank, noting that the administration has been a strong advocate for increased transparency and accountability within the institution. He also praised Trump for his commitment to ensuring that the World Bank focuses on projects that deliver tangible results and have a positive impact on the lives of those in need.

The World Bank President’s comments come at a time when the Trump administration has been vocal in its criticism of other international organizations, such as the United Nations and the World Health Organization. However, Malpass’ remarks suggest that Trump sees the value in supporting institutions like the World Bank that play a crucial role in addressing global challenges and promoting economic development.

Overall, Malpass’ endorsement of Trump’s understanding of the importance of international financial institutions serves as a reminder of the significant role that the United States plays in shaping the global economy and promoting prosperity around the world.