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In this 2007 file photo, David Malpass, then the Chief Economist at Bear, Stearns & Co. Inc., speaks at the Council on Foreign Relations in New York. President Donald Trump plans to nominate Malpass, an administration critic of the World Bank, to be the institution’s next leader. (AP Photo/Mark Lennihan)

In this 2007 file photo, David Malpass, then the Chief Economist at Bear, Stearns & Co. Inc., speaks at the Council on Foreign Relations in New York. President Donald Trump plans to nominate Malpass, an administration critic of the World Bank, to be the institution’s next leader. (AP Photo/Mark Lennihan)

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