** **

** **
Hillary Clinton Seeks Head of World Bank Job?****

*February 15, 2012*****

*Reuters is reporting three sources have confirmed that Hillary Clinton has
been in talks with the White House to leave the Department of State to take
the job as head of the World Bank, replacing Robert Zoellick. White House
Press Secretary Jay Carney says the reports are “totally wrong,” and a
Clinton spokesperson denies that she is interested in the job or has had
contact with the White House.*****

*W**orld Bank President Robert Zoellick informed the 187-nation lending
organization’s board Wednesday that he will leave office June 30, the end
of his five-year term.*****

*This raises a question: who will replace him?*****

*“I’m honored to have led such a world class institution with so many
talented and exceptional people,” Zoellick said in a statement announcing
his plans.*****

*The board now begins a selection process to find a new leader, a process
that is expected to be more open than in the past. Under an informal
agreement dating to the bank’s founding nearly 68 years ago, its president
has been an American.*****

*“Speculation has been rife in recent months over who might take the job
when Zoellick departs,” * Reuters *reports. “Possible U.S. candidates
include Secretary of State Hillary Clinton and former White House economic
adviser Larry Summers.”*****

*“Hillary Clinton wants the job,” a source told Reuters.*****

*If Clinton were to leave State, Sen. John Kerry, chairman of the Senate
Foreign Relations Committee, is at the top of the list of those who would
replace her.*****

*And although Press Secretary Jay Carney denies that Clinton will get the
nod from President Obama, the rumors persist.*****

*It has also been rumored that Zoellick, a President George W. Bush
appointee, may be a potential candidate for a senior position if a
Republican candidate takes the White House in November.*****

*Zoellick said he will stay focused on being bank president until June 30
and will continue to drive policies and programs at a heightened tempo. For
example, later this month the bank said he will unveil a groundbreaking
study on the future structure of China’s economic growth model, the
Associated Press reports.*****

*Under Zoellick’s leadership, the bank provided more than $247 billion to
help developing countries boost growth and overcome poverty.*****

*Zoellick said he was “pleased that when the world needed the bank to step
up, our shareholders responded with expanded resources and support for key
reforms that made us quicker, more effective and more open.”*****

*He said the bank was now in a strong position and ready for new challenges
“so it is a natural time for me to move on and support new leadership.”*****

*The Associated Press contributed to this report.*****

*
http://www.theblaze.com/stories/world-bank-head-exits-hillary-could-replace/
*<http://www.theblaze.com/stories/world-bank-head-exits-hillary-could-replace/>
****

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