World Bank president says he will not resign, apologizes for remarks on climate science - POLITICO

World Bank President David Malpass will not resign, he said Friday during a virtual conversation with Global Insider author Ryan Heath. NGOs and leading climate activists have been calling for ... Read More

Exclusive: World Bank President in Tuvalu says youth skills key to climate change plan - Reuters

World Bank President Ajay Banga said on Friday that young people in the Pacific Island nation of Tuvalu need training to help them move and adapt to climate change as he visited the frontline of ... Read More

Ajay Banga: TIME100 Climate 2024 | TIME

World Bank president Ajay Banga talks to TIME ahead of COP29 about the future of climate ... was forced to resign following controversial remarks that seemed to doubt the science of climate change. Read More

Bessent says US will seek reforms of IMF, World Bank

Bessent outlined some changes that the U.S. would seek to advance at the IMF and World Bank. He said the World Bank should focus on increasing energy access around the world, praising the bank’s ... Read More

UNT Health Science Center president to resign after scrutiny of unclaimed body program - Dallas News

The University of North Texas System announced the president of its Fort Worth-based Health Science Center will resign, effective at the end of the month, after more than two years in the role. Read More

With Trump in power, World Bank walks a tightrope on climate work - POLITICO

Banga says he hasn’t changed anything and is still using the words “climate finance” to refer to the bank’s commitment to put 45 percent of its annual lending toward climate-related ... Read More

Bessent accuses World Bank and IMF of climate ‘mission creep’

He highlighted the role of the World Bank and IMF on promoting economic development and poverty reduction, but he argued that they’ve suffered from “mission creep” related to social issues ... Read More

Fed Chair Jerome Powell says he wouldn't resign if Trump asked him to - NBC News

Federal Reserve Chair Jerome Powell said Thursday that he would not resign if president-elect Donald Trump asked him to. Trump appointed Jerome Powell in 2017, during his first term as president. Read More

Biden says he’s ‘feeling good’ in first remarks after cancer diagnosis announced - Los Angeles Times

NEW CASTLE, Del. — Former President Biden delivered the first remarks since he announced he had an aggressive form of prostate cancer Friday, speaking in a steady voice during a somber Memorial ... Read More

The World Bank Pivoted to Climate. That Now May Be a Problem.

Mr. Banga was then nominated in 2023 by President Biden. He committed to channel 45 percent of the bank’s funds on climate related projects, an increase of 10 percentage points from his predecessor. Read More

Powell says he would not resign as Fed chief if Trump asked for his resignation - MSN

When asked whether he would resign if requested to by Trump, the Fed chair simply said: "No." Powell subsequently told reporters that the president does not have the power to fire or demote him. Read More

With Trump in power, World Bank walks a tightrope on climate

The bank’s messaging on climate represents a delicate balancing act between the institution and the U.S., its largest shareholder. The World Bank has softened its once-vocal cheerleading for ... Read More