Wolfowitz tapped to head World Bank
Pentagon official to replace James Wolfensohn

The Associated Press

Updated: 9:35 a.m. ET March 16, 2005 WASHINGTON - President Bush will recommend that Defense Deputy Secretary Paul Wolfowitz take over as head of the World Bank, a senior administration official said Wednesday.

The administration began notifying other countries that Wolfowitz was the U.S. candidate to replace replace World Bank President James Wolfensohn. He is stepping down as head of the 184-nation development bank on June 1 at the end of his second five-year term.

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