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Bessent Says US Backs IMF and World Bank, While Calling for Reforms
Treasury Secretary Scott Bessent called for a course correction for the International Monetary Fund and World Bank, while saying they serve “critical roles” and the Trump administration is willing to ...
Bessent says IMF and World Bank need reform and there's an 'opportunity for a big deal' with China
Although Bessent said the IMF and the World Bank are “falling short,” he did not call for the U.S. to withdraw from the institutions, as some conservatives had advocated in a ...
Watch: Bessent testifies before House on international financial systems
Treasury Secretary Scott Bessent is testifying Wednesday before the House Financial Services Committee on the state of ...
U.S. News & World Report21d
Bessent Chides IMF, World Bank as He Says ‘America First Does Not Mean America Alone’
Treasury Secretary Scott Bessent on Wednesday tried to soften ... Finance as both the International Monetary Fund and World Bank held their spring meetings in Washington. On Monday, the IMF ...
Politico20d
Bessent says US will seek reforms of IMF, World Bank
Treasury Secretary Scott Bessent said Wednesday that the Trump administration would pursue a significant overhaul of the International Monetary Fund and World Bank as it seeks a “sustainable ...
The Financial Times21d
Scott Bessent accuses IMF and World Bank of ‘mission creep’
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US Treasury secretary Scott Bessent has accused the IMF and World Bank of “mission creep”, calling for ...
Reuters21d
IMF's Georgieva, World Bank's Banga need to earn Trump administration's trust, Bessent says
WASHINGTON, April 23 (Reuters) - U.S. Treasury Secretary Scott Bessent on Wednesday said IMF chief Kristalina Georgieva and World Bank President Ajay Banga are both good leaders but must earn the ...
Treasury Secretary Scott Bessent to House Committee: "We Have Set The Table For A Robust Economy"
Read Treasury Secretary Scott Bessent's opening statement from testimony during a Financial Services Hearing on Wednesday: TREASURY SECRETARY SCOTT BESSENT: I’m grateful to join you today. At the IMF ...
New York Post20d
Treasury Secretary Scott Bessent rips IMF over woke ‘mission creep’
Treasury Secretary Scott Bessent ripped the International Monetary ... REUTERS Bessent, 63, also warned IMF’s partner institution the World Bank, a development lender that claims to eliminate ...
The Washington Post21d
Trump administration says IMF, World Bank ‘falling short’ of missions
Treasury Secretary Scott Bessent said Wednesday that the International Monetary Fund and World Bank are “falling short” of their main missions and must focus on an urgent goal of bringing the ...
Newsday20d
Bessent says IMF and World Bank need reform and there's an 'opportunity for a big deal' with China
WASHINGTON — Treasury Secretary Scott Bessent leveled harsh criticism at the operations of the World Bank and the International Monetary Fund on Wednesday even as he tried to reassure nervous ...