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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 ...
China and the United States are amid a tariff battle after Trump’s “Liberation Day” announcement in early April. Most of ...
Treasury Secretary Scott Bessent argued in a speech that the multilateral economic institutions have veered away from their ...
Treasury Secretary Scott Bessent said on Sunday he doesn’t know whether President Trump and Chinese President Xi Jinping have ...
Treasury Secretary Scott Bessent said the U.S. remains committed to playing a leadership role in the IMF and World Bank but ...
Treasury Secretary Scott Bessent called on the World Bank and the International Monetary Fund to return to their original ...
Treasury Secretary Scott Bessent will give remarks Wednesday morning on the global economy as part of the International ...
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