A statement released today by the IMF reveals that the head of the multilateral organization has proposed Katz for a prominent position, following the White House’s decision favoring an individual closely aligned with one of Trump’s economic policy advocates. This nomination is currently awaiting confirmation from the IMF’s Executive Board.
“Dan firmly believes in the critical role the Fund plays in assisting member countries to ensure economic and financial stability amid significant transformations in the global economy. His ability to build relationships with a wide range of stakeholders will be a significant asset for the Fund,” stated Georgieva.
Katz expressed that “the IMF plays an indispensable role at the heart of the international monetary system,” he said.
Typically, the IMF representative is chosen by Washington and subsequently endorsed by the managing director and the IMF’s governing body.
Katz’s predecessor, Gita Gopinath, announced last July her return to Harvard University’s Economics Department.
