Skip Navigation

Close and don't show again.

Your browser is out of date.

You may not get the full experience here on National Journal.

Please upgrade your browser to any of the following supported browsers:

Reuters Reports Hillary Clinton Wants World Bank Presidency Reuters Reports Hillary Clinton Wants World Bank Presidency

This ad will end in seconds
 
Close X

Not a member? Learn More »

Forget Your Password?

Don't have an account? Register »

Reveal Navigation
 

 

The Daily Fray

Reuters Reports Hillary Clinton Wants World Bank Presidency

June 9, 2011

Secretary of State Hillary Clinton is in talks to become the president of the World Bank, Reuters's Lesley Wroughton reports. Clinton's spokesman Philippe Reines offered a denial to Reuters and has been offering strong quotes to other outlets. He told NBC, "It's 100% untrue, Reuters is wrong. That's on the record." According to Reuters, which cited three different "sources familiar with the discussions," Clinton would leave the Obama administration next year to lead the organization.

Clinton has previously said she wants to leave her post at the State Department at the end of President Obama's first term. When asked early last year if she could imagine staying in the job for another four years, she answered, "No, I really can't." She also said she was "absolutely not interested" in seeking the U.S. presidency again.

Wroughton writes in her Reuters story:

 

"Hillary Clinton wants the job," said one source who knows the secretary well.

A second source also said Clinton wants the position.

A third source said Obama has already expressed support for the change in her role. It is unclear whether Obama has formally agreed to nominate her for the post, which would require approval by the 187 member countries of the World Bank.

The news comes as Obama is trying to decide whether to support a French finance minister Christine Lagarde for the top spot at the International Monetary Fund. Traditionally, the IMF is lead by a European, and the World Bank is headed by an American. But many developing nations are urging that IMF head Dominique Strauss-Kahn, who's facing rape charges in New York, be replaced by someone from a country outside the West.

The current president of the World Bank, Robert Zoellick, was elected in 2007. Presidents typically serve five-year terms.

More The Daily Fray
Job Board
Search Jobs
Professional Development Program Engineer
American Society of Civil Engineers | Farmington Hills, MI
Biomedical Service Internship Position
American Society of Civil Engineers | Flint, MI
Deputy Director of Transit Operations
American Society of Civil Engineers | San Jose, CA
Structural Engineer
American Society of Civil Engineers | New Haven, CT
Transportation Planner
American Society of Civil Engineers | Salinas, CA
Assessment and Remediation Team Lead
American Society of Civil Engineers | Regina, SK
Quality Systems Manager
American Society of Civil Engineers | Greensboro, NC
Quality Engineer
American Society of Civil Engineers | Attica, IN
Senior Water Resource Project Manager
American Society of Civil Engineers | Fairfax, VA
Civil Engineering
American Society of Civil Engineers | Steamboat Springs, CO
Entry Level Geotechnical Engineer
American Society of Civil Engineers | Albany, NY
Sales Engineer-Process Automation/Instrumentation
American Society of Civil Engineers
Senior Project Manager- Transportation
American Society of Civil Engineers | San Antonio, TX
Materials Engineer 2
American Society of Civil Engineers | IL
Land Surveyor
American Society of Civil Engineers
 
Comments
comments powered by Disqus