Pressure is increasing on Paul Wolfowitz to resign as head of the World Bank. A high-level World Bank ethics panel has determined that Wolfowitz broke bank rules by arranging a pay package and promotion for his girlfriend. On Monday, one of Wolfowitz’s closest aides, Kevin Kellems, resigned. The New York Times reports European governments are trying to reach a deal with the Bush administration where Wolfowitz would soon resign and the U.S. would be allowed to pick the bank’s next chief.
World Bank Panel Rules Wolfowitz Broke Bank Rules
HeadlineMay 08, 2007