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TREASURY: Statement from Secretary of the Treasury Janet L. Yellen on the Nomination of Ajay Banga to Lead the World Bank

I applaud President Biden’s decision to nominate Ajay Banga to lead the World Bank. He has the right leadership and management skills, experience living and working in emerging markets, and financial expertise to lead the World Bank at a critical moment in its history, deliver on its core development goals, and evolve the Bank to meet global challenges like climate change.

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