Ivanka Will Not Be New Head Of World Bank, But Will Play Role In Selection

White House Senior Adviser Ivanka Trump speaks alongside US President Donald Trump at US Steel's Granite City Works steel mill in Granite City, Illinois July 26, 2018. (Photo by SAUL LOEB / AFP) (Photo credit ... White House Senior Adviser Ivanka Trump speaks alongside US President Donald Trump at US Steel's Granite City Works steel mill in Granite City, Illinois July 26, 2018. (Photo by SAUL LOEB / AFP) (Photo credit should read SAUL LOEB/AFP/Getty Images) MORE LESS
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January 15, 2019 7:41 a.m.

Contrary to recent rumors, Ivanka Trump will not be the new leader of the World Bank, according to the White House. But she will play a large role in selecting its new president.

According to a Monday New York Times report, Treasury Secretary Steven Mnuchin personally asked Ivanka to assist in the process.

There is still reportedly some doubt as to whether she is sufficiently divested from her business interests to partake in U.S. economic decisions, as she still holds worldwide trademarks.

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