White House Cutting its Losses on Wolfowitz

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Forty-two former World Bank senior executives have written a letter urging the resignation of World Bank president Paul Wolfowitz, and if you’re wondering if the White House will turn a deaf ear to them the way they have towards the bipartisan calls for Alberto Gonzales’ resignation, wonder no longer. According to news reports, the White House has drawn up a list of possible replacements for Wolfowitz. (Maybe it was the fact that Wolfie breached national security for something as silly as getting his lady friend a job.) I found this interesting:

Most prominent on the list is Ashraf Ghani, the man credited with overhauling the economy of Afghanistan after September 11… Such an appointment would mark the first time a non-American has held the position in the 60-year history of the global lender.

If you’re wondering why the White House has so much control over naming the head of the World Bank, an international aid organization independent of the United States government, it’s because the U.S. and Europe have worked out a sweet deal wherein the U.S. names the World Bank president and the E.U. names the head of the IMF. Asia, who is grossly underrepresented in both organizations, has little say. The situation with Wolfowitz has created calls to revamp this privilege-laden process.

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THE TRUTH...

is the first thing despots go after. An unwavering commitment to it is probably what draws you to Mother Jones' journalism. And as we're seeing in the US and the world around, authoritarians seek to poison the discourse and the way we relate to each other because they can't stand people coming together around a shared sense of the truth—it's a huge threat to them.

Which is also a pretty great way to describe Mother Jones' mission: People coming together around the truth to hold power accountable.

And right now, we need to raise about $400,000 from our online readers over the next two months to hit our annual goal and make good on that mission. Read more about the information war we find ourselves in and how people-powered, independent reporting can and must rise to the challenge—and please support our team's truth-telling journalism with a donation if you can right now.

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