Ivanka Trump, US President Donald Trump's daughter and senior adviser, will help choose the new World Bank President, the White House has said. Jessica Ditto, a White House spokeswoman, said on Monday that Ivanka Trump was asked because "she's worked closely with the World Bank's leadership for the past two years", The New York Times reported. Ivanka Trump, who had been rumoured to be a contender for the position herself, will not be a candidate, Ditto said. But she will assist the Treasury secretary, Steven Mnuchin, and the acting White House Chief of Staff, Mick Mulvaney, in choosing a successor to Jim Yong-kim, the current president of the World Bank who announced his resignation last week. Administration officials are expected to begin the interview process for the job on Tuesday. The White House did not provide any names of contenders. Ivanka Trump, Mnuchin and Mulvaney will make recommendations to the President, who will nominate a candidate for the position. Member countries of the World Bank will then vote on the nominee. Traditionally, the American President's pick is accepted and Europe chooses the leader of the International Monetary Fund because both institutions were founded during World War II. Jim, a former Dartmouth College president and a global health expert, was selected for the post by former President Barack Obama in 2012.<doc-sep>Ivanka Trump will assist U.S. Treasury Secretary Steven Mnuchin in choosing the new head of the World Bank. Trump, the Jewish daughter of President Donald Trump, had been rumored to be a contender for the position, The New York Times reported. World Bank President Jim Yong Kim announced last week that he was stepping down. He was nominated in 2012 by President Barack Obama. Jessica Ditto, a White House spokeswoman, told The Times that Ivanka Trump was asked to be involved because “she’s worked closely with the World Bank’s leadership for the past two years.” The position always has gone to an American. The president nominates a candidate and member countries of the World Bank vote on the choice. Trump, an entrepreneur, has been criticized in the past for her involvement with the World Bank.<doc-sep>President Donald Trump's daughter Ivanka Trump is one of a small handful of Trump administration officials being considered for the head of the World Bank after its Obama-appointed head Jim Yong Kim resigned suddenly this week, shocking staffers, the Financial Times reported Friday. The president has already been accused of nepotism for appointing his daughter to the role of special adviser, and her White House role is unpaid in order to avoid accusations of ethics breaches. Since taking up this official role, Ivanka Trump has met with numerous heads of government and even appeared to replace her father at a G20 world leaders meeting, where she sat next to British Prime Minister Theresa May and Chinese President Xi Jinping. Many at the time noted that this move was unprecedented. She was also reportedly considered for the role of United Nations ambassador after Nikki Haley announced that she would resign. Trump dismissed the rumors, noting that he would be accused of nepotism if his daughter were appointed. "So nice, everyone wants Ivanka Trump to be the new United Nations Ambassador. She would be incredible, but I can already hear the chants of Nepotism! We have great people that want the job," Trump tweeted in October. The president's eldest daughter does have some experience with the World Bank, however. In 2017 she worked with the World Bank to develop a fund for women's entrepreneurship. The news of Kim's departure left staff at the World Bank confused and uncertain about the future. Kim had been unpopular among some staffers for his previous criticism of the institution he eventually led and his desire to use the bank as an instrument to promote global development. But it was still rare and unexpected for a World Bank president to leave the institutions three and a half years before his term is up. Kim was appointed by former President Barack Obama, and his sudden departure means that Trump will be able to appoint his successor. The World Bank president is chosen by the bank's board, with the voting shares distributed based on how much money each country has given to the bank. A deal between the U.S. and European shareholders has ensured that the U.S. candidate is selected to run the World Bank while the Europeans lead the International Monetary Fund. This arrangement has been increasingly criticized by countries like China, however. For now, Kristalina Georgieva, a Bulgarian politician and former European Union commissioner who has been working as the World Bank's chief executive, will act as interim president until Kim is replaced.<doc-sep>
White House adviser Ivanka Trump Ivanka TrumpMichael Cohen predicts Trump will turn on family after revelation of criminal probe Eric Trump buys .2M home near father's golf club in Florida Melinda Gates tapped divorce lawyers in 2019 after Epstein links to husband: report MORE is going to help pick the new World Bank president, but she herself is not under consideration for the position, the White House said. Trump will work with Treasury Secretary Steven Mnuchin Steven MnuchinDemocrats justified in filibustering GOP, says Schumer Yellen provides signature for paper currency Biden's name will not appear on stimulus checks, White House says MORE and White House chief of staff Mick Mulvaney Mick MulvaneyHeadhunters having hard time finding jobs for former Trump officials: report Trump holdovers are denying Social Security benefits to the hardest working Americans Mulvaney calls Trump's comments on Capitol riot 'manifestly false' MORE to help manage the U.S. nomination process, according to the statement, which said it was "false" that she was under consideration for the role. “Secretary Mnunchin and Chief of Staff Mulvaney have asked Ivanka Trump to help manage the U.S. nomination process as she’s worked closely with the World Bank’s leadership for the past two years – however, reports that she is under consideration are false,” White House spokeswoman Jessica Ditto said in the statement. ADVERTISEMENT The Financial Times last week reported Trump was one of multiple possible contenders for the U.S. nomination. The report sparked backlash from multiple lawmakers and public figures, including Rep. Ted Lieu Ted W. LieuAsian American lawmakers say State's 'assignment restrictions' discriminate Democrats, activists blast Trump DOJ effort to get journalists' phone records Lawmakers praise Biden for expected recognition of Armenian Genocide MORE (D-Calif.) and Democratic mega-donor Tom Steyer, who claimed the move would be an act of nepotism. World Bank chief Jim Yong Kim announced earlier this month that he will resign from his post on Feb. 1, three years before his term was set to expire. The financial institution's CEO, Kristalina Georgieva, is expected to act as interim president following Kim's departure. The World Bank works to promote economic development and poverty eradication through loans and technical support. -- Updated at 5:23 p.m.