Frist Withdraws From World Bank Consideration

Nashville (AP) -- Former Senate Majority Leader Bill Frist has withdrawn his name from consideration for World Bank president, a person familiar with the situation told the Associated Press.

Frist, a Tennessee Republican, served two terms in the US Senate, where he was a close ally to President Bush.

World Bank President Paul Wolfowitz earlier this month announced he will step down June 30th.

His leadership was undermined after he broke bank rules in his handling of a generous compensation package for his girlfriend in 2005.

A source who asked not to be identified because he had not been authorized to speak publicly about the decision said Frist told administration officials Monday he did not want to be considered for the bank job.

He cited his desire to take a break from government work as the reason.

Frist in November abandoned a long-expected White House bid, instead saying that his immediate plans were to take a break from public life.

Frist has also been mentioned as a possible gubernatorial candidate in 2010, though he has said he is not yet ready to decide on his political future.

Copyright 2007 by the Associated Press. All rights reserved.

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