WASHINGTON -- U.S. President Donald Trump plans to nominate Treasury Undersecretary for International Affairs David Malpass as World Bank president Wednesday, according to government sources, endorsing a proponent of less lending to China.
Treasury official David Malpass has attacked loans to Beijing

U.S. Treasury Undersecretary for International Affairs David Malpass, right, arrives at a hotel in Beijing on Jan 6. Malpass was a member of the American trade delegation to China. © Reuters
WASHINGTON -- U.S. President Donald Trump plans to nominate Treasury Undersecretary for International Affairs David Malpass as World Bank president Wednesday, according to government sources, endorsing a proponent of less lending to China.