President George W Bush said today that World Bank President Paul Wolfowitz has an interest in doing what is best for the bank, but declined to comment on his future at the institution.
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| World Bank president Paul Wolfowitz |
As the World Bank's board was meeting behind closed doors to discuss a possible deal in which Wolfowitz would resign, Bush said, "I regret that it's come to this."
"All I can tell you is Paul Wolfowitz has an interest in what's best for the bank," Bush said at a news conference with British Prime Minister Tony Blair.
A board panel issued issued a report on Monday that found Wolfowitz broke ethics rules in the handling of a pay raise and promotion for his companion.