Hillary Clinton to Leave State Department, Lead the World Bank?

Reuters is reporting that Hlllary Clinton is in talks that could lead to her assuming the presidency of the World Bank next year, vacating her present position as U.S. secretary of state. Were Clinton to win the post, she would be the first woman to head the global enterprise.

From Reuters:

She has said publicly she did not plan to stay on at the State Department for more than four years. Associates say Clinton has expressed interest in having the World Bank job should the Bank's current president, Robert Zoellick, leave at the end of his term, in the middle of 2012.

"Hillary Clinton wants the job,'' said one source who knows the secretary well.

A second source also said Clinton wants the position.

A third source said Obama has already expressed support for the change in her role. It is unclear whether Obama has formally agreed to nominate her for the post, which would require approval by the 187 member countries of the World Bank.

 UPDATE:The Washington Post's Aaron Blake blogs that Hillary Clinton's spokesperson, Philippe Reines, emphatically denies the Reuters report. Blake reports:

“100 percent untrue, Reuters is wrong,” Reines wrote in an e-mail to the Washington Post.

Post reporter Joby Warrick, on a plane with Reines, reports that Reines told Reuters directly, “I have a better source than you do.”

Either way, Clinton is expected to leave the State Department next year, having said that she would not serve more than four years as secretary of state.

AlterNet / By AlterNet Staff

Posted at June 9, 2011, 11:44am

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