Less than a month after an independent inquiry commissioned by the World Bank found that she had a significant role in interfering with the 2018 Doing Business survey, a decision was made regarding Christine Georgieva's leadership at the IMF. Despite concerns about her judgment and ability to lead, the IMF's executive board ultimately concluded that the investigation did not definitively prove any misconduct on her part. The board expressed full confidence in Georgieva's leadership and her commitment to upholding high standards of governance and integrity at the IMF. Many of the IMF's shareholders, including France, continued to support Georgieva, who was appointed as managing director in 2019. The United States, the largest shareholder of the fund, did not publicly support her after the allegations but did not call for her removal. Treasury Secretary Janet Yellen spoke with Georgieva and mentioned that the World Bank investigation into her actions raised concerns. Yellen stated that without further evidence of Georgieva's involvement in data manipulation, there was no reason to change leadership at the fund. This decision could have political consequences for the Biden administration, as both Republicans and Democrats in Congress had called for full accountability regarding Georgieva's actions. Lawmakers from both parties, along with the Biden administration, have expressed concern over China's increasing economic power and influence in international organizations. The Treasury Department officials have been discussing the seriousness of the situation surrounding Georgieva's actions at the World Bank for weeks, stating that the review process should be allowed to unfold. The World Bank's Doing Business report evaluates the business environment in countries worldwide, with developing nations placing significant importance on their rankings to attract foreign investment. During the alleged manipulation, World Bank officials were focused on negotiations for a capital increase and were under pressure to avoid upsetting China, which was ranked 78th in 2017 and was expected to drop in the 2018 report. The investigation revealed that Jim Yong Kim's staff and Kristalina Georgieva, along with a top aide, worked to enhance China's ranking without negatively impacting other countries. Georgieva was directly involved in efforts to improve China's ranking and even reprimanded the bank's China director for mishandling the relationship with the country. The IMF executive board recently interviewed officials from WilmerHale, the law firm that conducted the World Bank's investigation, as well as Georgieva herself, who defended her actions and criticized the investigation process. Georgieva stated in a message to the board, as reported by The New York Times, that the WilmerHale Report does not accurately represent her actions regarding Doing Business 2018, nor does it portray her character or conduct throughout her lengthy professional career. Georgieva, a former World Bank employee who eventually became its CEO, also had previous experience with the European Commission and holds a Ph.D. in economics. She expressed gratitude for the IMF board's confidence in her leadership after a challenging personal episode and stated that she was pleased with the board's conclusion that the allegations against her were unfounded. The multinational organizations that I have been dedicated to for over forty years have been built on trust and integrity.