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Hillary Clinton In Talks About Leaving Job To Head World Bank: Report

Hillary Clinton World Bank

First Posted: 06/09/11 06:33 PM ET Updated: 08/09/11 06:12 AM ET

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.

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.

(Editingby Kristin Roberts and David Storey)

Copyright 2011 Thomson Reuters. Click for Restrictions.

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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 ...
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 ...
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01:42 AM on 06/14/2011
If Hilary goes to the World Bank, so do I.
10:35 AM on 06/13/2011
Hillary running everything except for President
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HUFFPOST SUPER USER
AG creative
Ba Gawk!
04:16 PM on 06/10/2011
Pretty irresponsible to keep this story up after the AP retracted it.
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HUFFPOST SUPER USER
Sandra Stipp
03:41 PM on 06/10/2011
This country would be better off right now if Hilary had been elected President. She is far smarter than anyone in Congress or the Senate.
04:06 PM on 06/10/2011
Yup, its absolutely true. Like many-many others, I voted for Barack Obama with a great deal of hope and enthusiasm, but he has failed this country in far too many ways . . . failure to control the TARP-engorged banks and the rampant foreclosure fraud . . . failure to reign in the outrageous executive bonuses with those same banks and Wall Street . . . failure to curtail or eliminate the Bush tax cuts for the wealthy . . . failure to end the war in Afghanistan . . . failure to bring about the economic recovery that he says we're all enjoying . . . etc, etc., etc.

I firmly believe that Hillary had the experience, the fortitude and the tenacity to have done a better job running and regulating things in this country including the corruption that is literally 'digesting' it and middle class before our very eyes. I truly wish that he would just step-down (i.e., announce that he does not intend to seek re-election in 2012).
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winfl55
Truth, justice and the American way.
07:39 PM on 06/10/2011
Nope. She woulda done pretty much the same thing. Knows nothing about economy, and her husband who actually borrowed money to create a false surplus, drew down the military and just happened to be president during the tech boom, would be a terrible advisor.
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03:01 PM on 06/10/2011
Hillary finally got a conscience and realized America is agreat country and didnt deserve another four years of destruction with Obama and decided she shouldnt be part of it anymore.
02:25 PM on 06/10/2011
She started two wars and now is quitting. Thanks Hillary.
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conservativecrim
08:16 PM on 06/10/2011
That was shrub .......... step away from the bong
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John Mainstream
I'm a Clinton Democrat that is now an independent.
01:14 PM on 06/10/2011
Better yet, Hillary Clinton for president in 2012!
02:48 PM on 06/10/2011
Hillary should be President ...... President of Palestine .... Oh wait a minute .. there is NO such place but stupid Hillary thinks so. I wish she could show me on the map where it is!
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winfl55
Truth, justice and the American way.
07:44 PM on 06/10/2011
Yea. Since she has practice running and ducking snipper bullets whizzing by, she would do ok over there in..Palestine. She already says she would not deport illegals in sanctuary cities, Pelosi's San Francisco being one of the biggest, meaning they can drive drunk, kill people and walk free because they may tell someone about a real crime..yea.
01:08 PM on 06/10/2011
Lots of "visitors" today, I would also like to see Clinton run as VP, and then continue on to be the first woman president of the US. We cannot afford to let the country slip "back" to the days of Bush and the boys,they would continue to make a mess of our economy and our enviornment. They all want to go BACK, listen to them ,it is what every republican running and maybe sort of running want.. this country needs to go forward , we will have to drag them with us, kicking and screaming into the cleaner more economically sound future.
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Gestas
Mountain Man
12:41 PM on 06/10/2011
Sarah Palin makes Hillary look like Albert Einstein.....She may be mean and tough but Shes very smart.
01:10 PM on 06/10/2011
Hillary is smarter than Einstein.
04:12 PM on 06/10/2011
Exactly, and its too bad that Barack Obama didn't have some of Hillary's "meanness" and "toughness". We could have used it this past four years. Instead, he sits idly by with his uber-friendly, uber-nice personality while the banks and Wall Street thieves literally strip this country and its middle class of everything they ever owned or ever will own! He's a rollover and a patsy - certainly not someone I'd want watching my back in a barfight.
12:32 PM on 06/10/2011
I will be very sorry to see Hillary Clinton leave this position, but she's earned a change. Even with the hostile international politics and financial meltdowns, she has soldiered through and done a good job. And I'm a Conservative...
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Iluvdarin
12:19 PM on 06/10/2011
I would like to see Hillary run as Vice President and Biden become Secretary of State. She could then run for President when Obama's term is over. I think it would be a winning ticket in 2012.
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grovestand12
E Pluribus Unum...O, 2012!
01:55 PM on 06/10/2011
i would love for that to happen...let's hope so!!!!!
03:32 PM on 06/10/2011
wow
interesting idea
would virtually assure obama re-election
but doubt she'd take it
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Progress08
I've come to regard you as people I've met
11:55 AM on 06/10/2011
I hope she doesn't do it, but if she does I hope she changes the predatory way that the WB loans money to burgeoning countries. They tend to limit collectivisation and mute the human rights aspects of fair trade. If she does change their practices I hope she runs in 2016 because she'll have the most impressive resume on the planet.
MarineDoc
You can run but you can't hide.
11:39 AM on 06/10/2011
I appreciate the HP moderators for permitting moderate voices to be heard. Keep up the good work.
11:34 AM on 06/10/2011
What are the reason for the badges, must be to make a bunch of losers or moderators as they are called here feel like they are important,they rarely post anything I say because it's not liberal enough.
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RiverWalker
Listen to the "Before World"
03:33 PM on 06/10/2011
Flag for whining! (I'm trying to rise to moderator! If chosen, I promise to exert my growing influence on HuffPo to add this additional category.)
07:01 PM on 06/14/2011
moderators are nothing more than censors,and not needed except to censor.
11:31 AM on 06/10/2011
Good news for the country,bad news for the World Bank.