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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 sharply criticized the IMF and World Bank, saying that “mission creep has knocked these institutions off course.” He ...
Developing countries should strike swift trade deals with the United States at the "earliest possible" opportunity, the ...
Treasury Secretary Scott Bessent argued in a speech that the multilateral economic institutions have veered away from their ...
Bessent spoke to the Institute of International Finance as both the International Monetary Fund and World Bank held their ...
Treasury Secretary Scott Bessent said the U.S. remains committed to playing a leadership role in the IMF and World Bank but ...
The Trump administration cannot determine the mission of the World Bank because the global lender's goals are based on ...
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