Pressure Mounts for Wolfowitz to Quit

European leaders have offered a deal to let the U.S. choose the next World Bank president if Paul Wolfowitz resigns, according to published reports. Wolfowitz is under fire for arranging pay increases and a promotion for his girlfriend.

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REBECCA ROBERTS, host:

A former Defense Department official is dealing with scandal in his current job. A special panel with the World Bank examined its president, Paul Wolfowitz. According to the Associated Press, that panel determined that Wolfowitz violated bank rules. He arranged a pay increase and a promotion for his girlfriend.

Later this week, the bank's board could reprimand him, ask him to resign, or take no action. The New York Times reports today that European leaders are offering a deal. According to the paper, they suggested that if Wolfowitz resign soon, they're willing to allow the United States to choose the bank's next president.

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