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Treasury Secretary Bessent Accuses IMF And World Bank Of "Mission Creep"
Treasury Secretary Scott Bessent spoke Wednesday to international economists attending IMF and World Bank spring meetings in Washington D.C. this week, telling them the Trump administration wants to overhaul these institutions to create a more "sustainable international economic system.
Bessent says IMF and World Bank need reform and there's an 'opportunity for a big deal' with China
"To the contrary, it is a call for deeper collaboration and mutual respect among trade partners.” Although Bessent said the IMF and the World Bank are “falling short,” he stopped short of calling for the U.
Bessent spoke to the Institute of International Finance as both the International Monetary Fund and World Bank held their ...
Bessent sharply criticized the IMF and World Bank, saying that “mission creep has knocked these institutions off course.” He ...
Treasury Secretary Scott Bessent argued in a speech that the multilateral economic institutions have veered away from their ...
The Chinese exempting some goods from tariffs indicates they are interested in reducing tensions, Bessent said ...
Treasury Secretary Scott Bessent said the U.S. remains committed to playing a leadership role in the IMF and World Bank but ...
Treasury Secretary Bessent on Wednesday encouraged the World Bank to invest in gas and fossil fuels. "The World Bank must be ...
Bessent’s comments arrive at a tense moment, just weeks after President Donald Trump’s April 2 declaration of sweeping global ...
U.S. Treasury Secretary Scott Bessent on Wednesday said IMF chief Kristalina Georgieva and World Bank President Ajay Banga ...
Treasury Secretary Scott Bessent said on Sunday he doesn’t know whether President Trump and Chinese President Xi Jinping have ...
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