Trump gets ready for State of the Union address – live news

Donald Trump is expected to pick Treasury Department official David Malpass to head the World Bank, Politico reports.

The choice is a clear sign the Trump administration is looking to rein in international financial institutions, according to Politico. Malpass has been critical of the World Bank, global organizations like it “have grown larger and more intrusive” and “the challenge of refocusing them has become urgent and more difficult.”

A top aide to House Speaker Nancy Pelosi told health insurance executives that Democratic leadership has deep reservations about single payer healthcare, the Intercept reports.

Wendell Primus, Pelosi’s top healthcare adviser, met with Blue Cross Blue Shield executives in December and told them Democrats were more focused on lowering prescription drug prices, rather than pushing for “Medicare for All” as some progressives would prefer.

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