Ivanka Trump to help pick new World Bank president, but will not be one of the candidates

Ivanka Trump to help pick new World Bank president, but will not be one of the candidates
© Getty Images

White House adviser Ivanka TrumpIvana (Ivanka) Marie TrumpEXCLUSIVE: Career officials rebut claims of White House interference in security clearance process Meghan McCain calls Trump rally 'really dystopian' Liberal think tank: GOP paid parental leave proposals are too narrow MORE is going to help pick the new World Bank president, but she herself is not under consideration for the position, the White House said. 

Trump will work with Treasury Secretary Steven MnuchinSteven Terner MnuchinHow China's currency manipulation cheats America on trade The Hill's Morning Report: Trump walks back from 'send her back' chants Trump faces new hit on deficit MORE and White House chief of staff Mick MulvaneyJohn (Mick) Michael MulvaneyThe Hill's Morning Report: Trump walks back from 'send her back' chants Trump faces new hit on deficit GOP wants commitment that Trump will sign budget deal MORE to help manage the U.S. nomination process, according to the statement, which said it was "false" that she was under consideration for the role.

“Secretary Mnunchin and Chief of Staff Mulvaney have asked Ivanka Trump to help manage the U.S. nomination process as she’s worked closely with the World Bank’s leadership for the past two years – however, reports that she is under consideration are false,” White House spokeswoman Jessica Ditto said in the statement. 

ADVERTISEMENT

The Financial Times last week reported Trump was one of multiple possible contenders for the U.S. nomination. 

The report sparked backlash from multiple lawmakers and public figures, including Rep. Ted LieuTed W. LieuHere are the 95 Democrats who voted to support impeachment House Democrat says he still gets told to 'go back' to China Ted Lieu: Trump a 'racist ass' MORE (D-Calif.) and Democratic mega-donor Tom Steyer, who claimed the move would be an act of nepotism. 

World Bank chief Jim Yong Kim announced earlier this month that he will resign from his post on Feb. 1, three years before his term was set to expire. The financial institution's CEO, Kristalina Georgieva, is expected to act as interim president following Kim's departure.

The World Bank works to promote economic development and poverty eradication through loans and technical support. 

-- Updated at 5:23 p.m.