Jan 7, 2019

World Bank head Jim Yong Kim resigns

Jim Yong Kim. Photo: Artur Widak/NurPhoto via Getty Images

World Bank president Jim Yong Kim will step down on Feb. 1 — well before the slated end of his term in 2022 — to take a job at an investment firm, per the Wall Street Journal.

Be smart, via Axios' Felix Salmon: Every time the presidency of the World Bank becomes available, a consensus forms that this time the position shouldn't be held by an American. And every time a final candidate is chosen, he — it's always a he — is an American. Don't expect that to change under President Trump. Plus, it's worth noting there is literally no conceivable way that joining an investment firm can have bigger "impact on major global issues like climate change," as Kim said in his statement announcing his departure, than being president of the World Bank.

Go deeper

Trump gets "woke" in 15-city campaign to court black voters

The Trump campaign is leaning into its effort to woo African-American voters, opening "Black Voices for Trump" offices across six swing states, the campaign says.

Why it matters: "Woke" stickers, "Black Voices for Trump" T-shirts and other branded swag is part of this storefront approach as the campaign ramps up its efforts to erode Democrats' lock on this key demographic.

House passes bill to make lynching a federal hate crime

Photo: Aaron P. Bauer-Griffin/GC Images via Getty Images

The House voted 410-4 on Wednesday to pass legislation to designate lynching as a federal hate crime.

Why it matters: Congress has tried and failed for over 100 years to pass measures to make lynching a federal crime.

This year's census may be the toughest count yet

Illustration: Eniola Odetunde/Axios

Community leaders are concerned that historically hard-to-count residents will be even harder to count in this year's census, thanks to technological hurdles and increased distrust in government.

Why it matters: The census — which will count more than 330 million people this year — determines how $1.5 trillion in federal funding gets allocated across state and local governments. Inaccurate counts mean that communities don't get their fair share of those dollars.