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Bessent targets IMF and World Bank, says they are 'falling short' because of 'mission creep'
Treasury Secretary Scott Bessent leveled harsh criticism at the World Bank and International Monetary Fund Wednesday, saying "mission creep" and devoting "disproportionate time" to climate change, gender and social issues has caused the institutions to fall short.
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.
Treasury Secretary Scott Bessent has played a balancing act trying to reassure nervous investors that the U.S. would maintain ...
The International Monetary Fund plans to work with Syria to help it reintegrate into the global economy, IMF chief Kristalina ...
Treasury Secretary Scott Bessent argued in a speech that the multilateral economic institutions have veered away from their ...
Treasury Secretary Scott Bessent said the institutions “serve critical roles in the international system. And the Trump ...
WASHINGTON (Reuters) -Ireland will contribute about 141.4 million euros ($161 million)to the World Bank's latest ...
Hundreds of global finance leaders will descend on Washington this week, each with a singular mission: Who can I talk with to ...
The IMF leader warned that the economic fallout from trade conflict would fall most heavily on poor countries.
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