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Nominating Nooyi, an immigrant woman from a developing country, could head off the mounting challenges to the US role in determining the Bank's presidency.
Nooyi stepped down as PepsiCo's chief last August after leading the company for 12 years.
The German great has not been seen in public since he suffered severe brain injuries in a recreational skiing accident in the French Alps five years ago.
The Ferrari great is celebrating his 50th birthday on Thursday.
Trump has previously threatened to close the border to prevent Central American immigrants reaching the United States.
With no deal in sight on a bill to fund the government, Senate Republican leader Mitch McConnell sent senators home until Thursday.
The former Ferrari driver is said to be moved to a clinic in Dallas, Texas, that specialises in treating brain injuries.
The win was the 72nd of Hamilton's stellar career.
Hamilton had needed only five points to be sure of the title while four times champion Vettel had to win to have any hope of denying the Briton.