Zoellick and the Hill

Although the U.S. Congress has no formal role to play in the World Bank presidential nomination game, they are poised to appropriate annual funding for the World Bank’s IDA and consider an authorization for the next IDA replenishment. Most reported reactions on Zoellick’s nomination have been generally positive from both sides of the aisle. But key World Bank overseer and House Financial Services Committee Chairman Barney Frank is not impressed: “The second, high-ranking George Bush administration foreign policy, national security official in a row, I think is a mistake.” Continue reading