'Ridicu­lous': re­port Ivanka Trump could lead World Bank meets scorn

The Guardian Australia - - World News - Jamiles Lartey in New York

The Fi­nan­cial Times re­ported on Fri­day that the name of Ivanka Trump is “float­ing around Wash­ing­ton” re­gard­ing the need for a new pres­i­dent of the World Bank.

The role will soon be open due to the sur­prise de­par­ture of the cur­rent pres­i­dent, Jim Yong Kim. But on pol­i­tics Twit­ter, at least, the idea that his re­place­ment might be the first daugh­ter met with wide­spread de­ri­sion.

“Of all the peo­ple in US who could be World Bank Pres­i­dent,” tweeted Cal­i­for­nia Con­gress­man Ted Lieu, sar­cas­ti­cally, “the most qual­i­fied is Ivanka Trump, who lost her fash­ion line & hap­pens to be the daugh­ter of @POTUS. I see.”

The bil­lion­aire Demo­cratic donor Tom Steyer, who is fund­ing a cam­paign

to im­peach Don­ald Trump and un­til re­cently flirted with a White House run, chimed in: “This is among the most ridicu­lous pro­pos­als I have ever heard. Nepo­tism is just an­other form of cor­rup­tion, so I am not sur­prised, but the level of ab­sur­dity is breath­tak­ing.”

The FT did not re­veal its source, but sto­ries of im­pend­ing pro­mo­tion for Ivanka, a senior ad­viser to her father, are not with­out prece­dent.

Don­ald Trump has the power to nom­i­nate can­di­dates to the World Bank po­si­tion and has rou­tinely con­sid­ered his daugh­ter and her hus­band, Jared Kush­ner, as pos­si­ble and ac­tual can­di­dates for all sorts of jobs for which they would not tra­di­tion­ally be thought qual­i­fied.

Trump was re­ported to have con­sid­ered Ivanka for US am­bas­sador to the United Na­tions. In March last year, she ef­fec­tively acted, if briefly, as de facto in­terim sec­re­tary of state, af­ter Rex Tiller­son was fired. She also sat in for her

father at a G20 sum­mit in Ham­burg in

July 2017, to wide­spread con­ster­na­tion.

In his bomb­shell White House-in­sider best­seller Fire and Fury, the author Michael Wolff wrote that Ivanka as­pires to a higher achieve­ment than an ap­point­ment from her father: to be the first fe­male US pres­i­dent.

The US pres­i­dent does not have the fi­nal say on the World Bank ap­point­ment, which must be voted on by the bank’s board of di­rec­tors. But pres­i­den­tial nom­i­na­tions have tra­di­tion­ally led to ap­point­ments, as in the case of Kim, who was nom­i­nated by Barack Obama in 2012.

The bank, founded in 1944, works to pro­mote eco­nomic devel­op­ment and poverty re­duc­tion by “pro­vid­ing tech­ni­cal and fi­nan­cial sup­port to help coun­tries re­form cer­tain sec­tors or im­ple­ment spe­cific projects” in fields like health­care, ed­u­ca­tion and in­fra­struc­ture.

Its has his­tor­i­cally been led by fig­ures with mul­ti­ple decades of gov­ern­men­tal, macroe­co­nomic or aca­demic ex­pe­ri­ence. All 12 pres­i­dents to date have been men.

Pho­to­graph: Ni­cholas Kamm/AFP/Getty Im­ages

Ivanka Trump at the White House. Don­ald Trump has the power to nom­i­nate can­di­dates to the World Bank po­si­tion.

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