Mauricio Claver-Carone’s election solidifies President Trump’s influence on the region regardless of if he wins or loses in November
President Donald Trump’s pick to run Latin America’s top development bank was elected Saturday to lead the institution, solidifying his administration’s influence on the region regardless of whether he wins or loses the U.S. election in November.
“My commitment remains the same: to work with the IDB member countries to outline a strategy to strengthen the bank, respond to the needs of the region, and create opportunities for shared prosperity and economic growth,” Claver-Carone said in a statement. “What does this say about the Latin Americans charting their own future? I have always believed that to achieve lasting results, countries need to take responsibility for their own development, and the U.S. should play a supportive role,” Sen. Patrick Leahy , ranking member of the Senate Appropriations Committee, said in a statement on Saturday.
Last week, Leahy and former Republican officials including World Bank President Robert Zoellick, former Secretary of State George Shultz and former U.S. Housing Secretary Carla Hills, made a last ditch effort to persuade countries against holding a vote for Claver-Carone as it would “trigger an immediate institutional crisis at the IDB.”
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