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Bush Nominates Wolfowitz to Head World Bank

HeadlineMar 17, 2005

President Bush has nominated Paul Wolfowitz — the chief architect of the Iraq invasion — to head the World Bank. Wolfowitz has served in the Pentagon as Deputy Defense Secretary for the past four years. He is the former U.S. ambassador to Indonesia. The selection sent shock waves through the international aid community. Greenpeace, Oxfam, ActionAid all criticized the selection. The World Development Movement described Bush’s decision as QUOTE “terrifying.” If Wolfowitz gets the post he will become the second U.S. official to go from overseeing a major war to heading the World Bank. Robert McNamara served as Defense Secretary from 1961 to 1968 and overseeing the initial stages of the Vietnam War. In 1968 he left the Pentagon to head the World Bank. We’ll have more on the nomination of Paul Wolfowitz in a few minutes.

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