Ivanka Trump news: Ms Trump has been asked to help in the search for a new World Bank leader (Image: GETTY)
The White House made the announcement on Tuesday. Ms Trump had previously been touted as a potential president of the global financial institution. But the White House confirmed on Tuesday she is not a contender for the post.
Ms Trump, a senior White House adviser, was asked to participate in the search for a new World Bank president by Treasury secretary Steven Mnuchin.
She was asked because of her financial industry credentials, and because she has worked with World Bank leaders on a variety of projects.
In a statement, the White House said Mr Mnuchin and White House chief of staff Mick Mulvaney “have asked Ivanka Trump to help manage the US nomination process as she's worked closely with the World Bank's leadership for the past two years”.
The statement also laid to rest rumours the First Daughter was under consideration for the prestigious position after the Financial Times said Ms Trump’s name had been floated as a potential candidate.
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