November 5, 2026
Business

Hillary Clinton Wants to Lead World Bank, Not USA

The Telegraph reports that Hillary Clinton has set her eyes on the throne of the World Bank, the leading world financial institution that provides loans to the third world, and which, some would argue, intentionally keeps the third world indebted to the West.

The US Secretary of State, former First Lady, and rival to President Barack Obama in the 2008 Democratic primary race, would become the first female president of the World Bank should the post become vacant next year.

“Hillary Clinton wants the job,” a source close to Mrs Clinton told Reuters, which broke the news of the possible move.
Robert Zoellick, a former Bush administration official, is believed to be ready to step down as president at the end of his term in the middle of next year.

Mrs Clinton may not want to remain US Secretary of State beyond Mr Obama’s first term given the demands of the job. Moreover, she might not want to run for President in 2012 in light of the grave state of the US economy.

Another source told Reuters that Mr Obama supported her taking the helm at the World Bank, which is traditionally led by an American.

Leave a Reply