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Hillary Clinton, World Bank President? Secretary Of State Seeks Position: Sources (VIDEO)

Hillary Clinton

First Posted: 06/09/11 06:25 PM ET Updated: 08/09/11 06:12 AM ET


*''Hillary Clinton wants the job,'' source says

*Timing of move would be 2012 when Zoellick's term ends

*Clinton would be first woman head of World Bank

By Lesley Wroughton

WASHINGTON (Reuters) - U.S. Secretary of State Hillary Clinton has been in discussions with the White House about leaving her job next year to become head of the World Bank, sources familiar with the discussions said on Thursday.

The former first lady and onetime political rival to President Barack Obama quickly became one of the most influential members of his cabinet after she began her tenure at State in early 2009.

WATCH:

She has said publicly she did not plan to stay on at the State Department for more than four years. Associates say Clinton has expressed interest in having the World Bank job should the Bank's current president, Robert Zoellick, leave at the end of his term, in the middle of 2012.

"Hillary Clinton wants the job,'' said one source who knows the secretary well.

A second source also said Clinton wants the position.

A third source said Obama has already expressed support for the change in her role. It is unclear whether Obama has formally agreed to nominate her for the post, which would require approval by the 187 member countries of the World Bank.

The White House declined to comment.

A spokesman for Clinton, Philippe Reines, denied she wanted the job or had conversations with the White House about it.

Revelations of these discussions could hurt Clinton's efforts as America's top diplomat if she is seen as a lame duck in the job at a time of great foreign policy challenges for the Obama administration.

However, the timing of the discussions is not unusual given that the United States is considering whether to support another European as head of the World Bank's sister organization, the IMF.

The head of the IMF has always been a European and the World Bank presidency has always been held by an American.

That unwritten gentleman's agreement between Europe and the United States, is now being aggressively challenged by fast-growing emerging market economies that have been shut out of the process.

The United States has not publicly supported the European candidate for the IMF, French Finance Minister Christine Lagarde, although Washington's support is expected.

Neither institution has ever been headed by a woman.

If Clinton were to leave State, John Kerry, a close Obama ally who is chairman of the Senate Foreign Relations Committee, is among those who could be considered as a possible replacement for her.

Clinton's star power and work ethic were seen by Obama as crucial qualities for her role as the nation's top diplomat, even though she did not arrive in the job with an extensive foreign policy background.

She has embraced the globe-trotting aspects of the job, logging many hours on plane trips to nurture alliances with countries like Japan and Great Britain and to visit hot spots like Afghanistan and countries in the Middle East.

She has long been vocal on global development issues, especially the need for economic empowerment of women and girls in developing countries. She has made that part of her focus at State. Her husband, Bill Clinton, has also been involved in these issues through his philanthropic work at the Clinton Global Initiative.

The World Bank provides billions of dollars in development funds to the poorest countries and is also at the center of issues such as climate change, rebuilding countries emerging from conflict and recently the transitions to democracy in Tunisia and Egypt. (Editing by Kristin Roberts and David Storey)
Copyright 2011 Thomson Reuters. Click for Restrictions.

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*''Hillary Clinton wants the job,'' source says *Timing of move would be 2012 when Zoellick's term ends *Clinton would be first woman head of World Bank By Lesley Wroughton WASHINGTON (R...
*''Hillary Clinton wants the job,'' source says *Timing of move would be 2012 when Zoellick's term ends *Clinton would be first woman head of World Bank By Lesley Wroughton WASHINGTON (R...
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07:58 AM on 06/16/2011
"Hillary Clinton, World Bank President"

Now THAT's scary.
12:18 PM on 06/14/2011
President of the world bank? Isn't this the same woman who was investigated for insider trading? Perhaps she should get Martha Stewart to be her assistant. Better yet, Bernie Madoff. The world is run by the most corrupt. So it goes.
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Jack Daniels Esq
Hold the ice
07:57 AM on 06/13/2011
Just listened to Minister Lagarde speak - Billary never graduated high school
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joanimal
Time wounds all heels
08:26 AM on 06/13/2011
I don't know where you got your information, but you're dead wrong. You can't go to college without having graduated high school and she graduated with honors from Wellesley. Check your facts or at least admit that you're just being a hater.
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joanimal
Time wounds all heels
08:31 AM on 06/13/2011
oh yeah....AND she graduated Yale Law....sheesh....
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Jack Daniels Esq
Hold the ice
11:01 AM on 06/13/2011
There's ya answer Neinstein
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HUFFPOST SUPER USER
Nina Platter
,
12:27 AM on 06/13/2011
Hillary will do well any where she goes!
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HUFFPOST SUPER USER
joanimal
Time wounds all heels
08:34 AM on 06/13/2011
agreed! She's a smart, strong woman. We need more like her in our country. (Lord knows we need someone to help negate the Palin types!!)
09:56 PM on 06/12/2011
It would be reasonable to validate these 'sources' first before printing anything. Hillary would work as hard in the new job as she has in her present post.
03:57 PM on 06/12/2011
If the 187 Country Members of the World Bank want to waste time sitting in a completely stalled Operation, than so-be-it. If Hillary's in Money's out! Take that from me.
04:34 PM on 06/12/2011
You mean like Bush's boy Wolfowicz?! How much was he paying his girlfriend, errr. . . secretary? Like $95K while taking in more than a quareter million a year for himslef. Yeah, money ONLY hemorages when the left gets its hands on it! Must have missed those pallets of money thing.
03:42 PM on 06/12/2011
If this takes place we are all certainly going to be under her plan for THE F.U.C.T. ORGANIZATION.,,nothing good will come of this.
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redtailhawk1
03:38 PM on 06/12/2011
Oh my!!!, why are they planting this story if it is'nt true? I hope that wherever she goes after her present job ends it's a step up.
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quillerm
03:09 PM on 06/12/2011
The power hungry antics of the Clinton's will eventually bring them the greatness they seek. But as with all power hungry individuals, power corrupts.
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Cleverboots
02:51 PM on 06/12/2011
So Hillary has outgrown the stage in the United States and now wants the World as a stage to support her ego. You think that will be enough or will she aim for Mars next?
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wssweeps
right is right
02:03 PM on 06/12/2011
She couldn't control Bill, how is she gonna control our money. Gimme a break.
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joanimal
Time wounds all heels
08:29 AM on 06/13/2011
Did you read the article? Do you even know the function of the World Bank? You're either a die-hard RWW or a misogynistic bigot. Get your facts straight before spewing your idiocy.
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politicaljunk0
...
02:01 PM on 06/12/2011
She won't get it.
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scottishboy
Born in the USA!
02:34 PM on 06/12/2011
Thank God if only!
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NKLSWRTH
01:41 PM on 06/12/2011
Here is your 1st sign Clinton is a bad choice for the position: She throws her name in the hat and expects to get the job. Sorry, but if the World Bank hires thier presidents like corporations hire CEO's it's easy to see why they are surrering with thier last choice. I thought they might have learned after the collpase of the US banking industry, that our uppercrust US colleges are simply turning out upper crust frauds with MBA's. Perhaps a good choice for Worl Bank president would be someone with some serious international banking experience, not just an American who knows how to use her ATM card, if she does, in Paris.
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Paul Benton Cramer
If u hide behind an alias I can't take u seriously
01:04 PM on 06/12/2011
With her experiance in Whitewater and cattle futures she'll fit right in. Besides better them than us. Kerry's extensive combat experiance ( six mo. ) and two (2) self inflicted wounds more than qualifie him for a senior post in the Obama cabinet, of course he won't take it because he'd have to give up his senate seat for a job that will end Jan.20, 2013 and as much as he is an opportunist, he's certainly no fool.
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gypsynomad
I dwell in possibility.
12:57 PM on 06/12/2011
Hillary R.Clinton 2016.