David Robert Malpass

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. He was awarded Treasury’s Alexander Hamilton Award in recognition of Distinguished Leadership.

His Washington-based consulting, board work and public speaking activities focus on supply chains, manufacturing and geopolitical leadership. He is the Inaugural Fellow of Global Business and Infrastructure at Purdue University. Mr. Malpass’s work has taken him to 75 countries and meetings with world leaders spanning four decades. As World Bank President, he refocused the institution on market-based growth in developing countries.  He championed energy production, currency stability, and reduction in China’s Belt and Road debt. 

After Senate confirmation in August 2017, Mr. Malpass led Treasury’s international policies, including dollar stability, lower international taxation, and countering globalism and China’s Belt and Road. 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 Investor. He is a Wall Street Journal contributor and wrote the Thought Leaders column in Forbes for a decade, advocating sweeping monetary, tax and budget policy reforms. 

From 1984-1993, Mr. Malpass served with Secretary James Baker at the Treasury and State Departments and as Republican staff director of the Joint Economic Committee. Earlier, he worked in manufacturing in Portland, Oregon. As a Boettcher Foundation Scholar, he earned his bachelor’s degree in physics from Colorado College and MBA from the University of Denver. As a Mid-Career Fellow in Geogetown's University's School of Foreign Service, he studied international economics and has studied Russian, Spanish and French.