David Malpass

Drawing on his extensive public and private sector leadership experience, former President of the World Bank David Malpass offers valuable insights into the pressing geopolitical, economic, and leadership issues of our time.

David Malpass served during President Trump’s first Administration as U.S. Treasury Undersecretary for International Affairs in 2017-2019 and as World Bank President in 2019-2023, following 24 years as a leading Wall Street economist and columnist with Forbes and the WSJ. His consulting and public speaking activities focus on economics, markets, trade, geopolitics, and leadership.

Mr. Malpass has held major positions in three United States government administrations: Reagan, Bush-41, and Trump-45. His public sector work has spanned an array of economic, trade, budget, central banking, currency, and foreign policy issues, taking him to 75 countries and meetings with world leaders across four decades.

As World Bank President, Mr. Malpass championed growth, energy production, currency stability, and haircuts for China’s Belt and Road debt. As Treasury Undersecretary for International Affairs, he led the Treasury’s international policies, including dollar stability, lower international taxation, and the initial 2017 phase of trade negotiations with China. His public sector experience included multiple trade agreements and trade bills, multiple budget cycles and reconciliation bills, the major tax reforms of 1986 and 2018, the Latin debt crisis and creation of Brady bonds, and national security laws including CFIUS, sanctions, and trade section 232.

From 1993-2016, Malpass worked as Chief Economist of Bear Stearns and as founder of a NYC-based economics research firm. He was regularly voted a top Wall Street economist by Institutional Investors. He wrote the Thought Leaders column in Forbes for a decade and regular opinion pieces in the Wall Street Journal advocating sweeping economic and budget policy reforms.