Rep. Kevin Brady (R-TX), Vice Chairman of the Joint Economic Committee, has issued the following statement following the announcement that World Bank President Bob Zoellick will retire at the end of June.

“Bob Zoellick’s tenure as President at the World Bank has ushered in greater economic freedom, open markets, and a higher standard of living around the world.  His strong leadership has helped guide the World Bank through some of the most challenging economic times in recent memory.  The World Bank is a stronger and more effective institution as a result of his service.”