Mike Allen Apr 27, 2017
World Bank likely to run women's global fund
After the Twitters erupted with questions and criticism (including comparisons to the Clinton Foundation), the White House said Ivanka Trump will play a limited role in the global fund for women's empowerment that she told me about from Berlin:
- An aide says: "She had the idea and recommended it to [World Bank Group President] Jim Kim but they are ... the implementer ... She will be its most advocate and supporter and will work closely with [German Chancellor Angela] Merkel and [IMF Managing Director Christine] Lagarde and Kim etc."
- World Bank Group President Jim Yong Kim said his role is still being worked out: "The World Bank Group is working with partners on the details around creating a facility for women's economic empowerment ... We are very grateful for the leadership Ms. Trump and Chancellor Merkel have demonstrated."