David Robert Malpass (born March 8, 1956[1]) is an American economic analyst and former government official who served as President of the World Bank Group from 2019 to 2023.

[1][3] From 1976 to 1981, Malpass worked in Portland, Oregon as a contract administrator for Esco Corporation, a computer systems consultant for Arthur Andersen, and controller/CFO for Consolidated Supply.

[1] From 1984 through 1993, in the Reagan and George H. W. Bush administrations, Malpass worked on an array of economic, budget, and foreign policy issues including the 1986 tax cut, NAFTA, and the Brady Plan for Latin American debt.

[4] In 2010, he ran for the Republican nomination for United States Senate in that year's special election in New York;[5] he placed second in the three-way primary with 38% of the vote after former Congressman Joe DioGuardi's 42%.

[10][11] In August 2007, before the housing market collapse that triggered the financial crisis of 2007–2008, Malpass wrote in an op-ed for The Wall Street Journal that "Housing and debt markets are not that big a part of the U.S. economy, or of job creation ... the housing- and debt-market corrections will probably add to the length of the U.S. economic expansion.

[13] During the Obama administration, Malpass frequently warned against quantitative easing, the preferred approach of the Federal Reserve during that time period; he said that it would inhibit growth.

[25][26][27] In March 2017, the White House announced Malpass as President Trump's nominee for Under Secretary of the Treasury for International Affairs.

[35] During the start of his tenure, Malpass focused in his early public comments on the global economy and debt transparency.

[36] Malpass spent a year realigning the World Bank's staff to better meet client countries' real needs.

[40] During his tenure, he led the World Bank in lending more than $150 billion in response to the COVID-19 pandemic, the Russian invasion of Ukraine, and rising food and energy prices.

"[42] This answer prompted criticism from climate policy makers such as Rachel Kyte and Mark Carney, and calls for his resignation from the Rocky Mountain Institute and Christiana Figueres, among others.

[53] She resigned in August 2017 to move to Washington when Malpass was appointed to his role in the Treasury Department under President Trump.