Joe Biden's team debates IMF chief's fate as board probes ethics scandal

Some staff at the fund, which employs about 2,700 people, have lost confidence in Georgieva, says a Bloomberg report.

Treasury Department officials are debating whether the U.S., the International Monetary Fund’s largest shareholder, should ask Managing Director Kristalina Georgieva to resign amid an ethics scandal, people familiar with the situation said. 
 

The Treasury’s deliberation continues as the Washington-based fund said its executive board met with Georgieva on Wednesday as part of its ongoing review of an investigation by law firm WilmerHale, commissioned by the World Bank. It alleged that she pressured bank staff to adjust data for a ranking in China’s favor while working there previously. She took the helm of the IMF in 2019.  

The 24-member board “remains