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Bessent targets IMF and World Bank

Scott Bessent says the World Bank and IMF need a total overhaul: ‘Mission creep has knocked these institutions off course’

Scott Bessent called for sweeping change at the World Bank and International Monetary Fund, claiming they needed to reconnect with their missions, faulting their dealings with China. Treasury secretary Scott Bessent,

RealClearPolitics · 16h

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.

The Washington Post on MSN · 12h

Trump administration says IMF, World Bank ‘falling short’ of missions

Treasury Secretary Scott Bessent said the U.S. remains committed to playing a leadership role in the IMF and World Bank but wants to see changes.

China, Bessent

Associated Press News on MSN · 15h

Bessent says IMF and World Bank need reform and there's an 'opportunity for a big deal' with China

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 investors that the United States would maintain its global leadership role.

Fox Business on MSN · 16h

Treasury Secretary Bessent says there's an opportunity for a 'big deal' with China

Treasury Secretary Scott Bessent said that there's an opportunity to do a "big deal" with China to reduce tariffs if the Chinese government is willing to rebalance its economy.

Bloomberg on MSN · 16h

Bessent Says No Unilateral US Offer to Cut Tariffs on China

Treasury Secretary Scott Bessent said that President Donald Trump hasn’t offered to take down US tariffs on China on a unilateral basis.

Bessent takes aim at the IMF

Sir Keir Starmer and Ursula von der Leyen will on Thursday finalise plans for a new defence pact, US Treasury secretary Scott Bessent has accused the IMF and World Bank of “mission creep” and Boeing ...

17h

Watch live: Bessent gives remarks on global market under shadow of Trump tariffs

Treasury Secretary Scott Bessent will give remarks Wednesday morning on the global economy as part of the International ...

17h

Treasury Secretary Bessent calls out China, World Bank, IMF in speech on global economy

Treasury Secretary Scott Bessent is delivering the keynote address to the Institute of International Finance in Washington, D ...

Transcript: Bessent takes aim at the IMF

Scott Bessent audio clip The IMF and World Bank have enduring value. But mission creep has knocked these institutions off course. We must enact key reforms to ensure the Bretton Woods institutions are ...

13h

U.S. Calls for Sweeping Reforms to I.M.F. and World Bank

Treasury Secretary Scott Bessent argued in a speech that the multilateral economic institutions have veered away from their ...

Cryptopolitan on MSN18h

Asian markets jump on Trump and Bessent comments but recession fears linger

Asian stock markets climbed on Wednesday after the latest updates from Washington suggested the long tariff dispute with ...

18h

Trump tariffs risk driving public debt to postwar high, says IMF

The IMF said in its latest Fiscal Outlook, published on Wednesday, that a 117 per cent global debt-to-GDP ratio would be the highest since the aftermath of the second world war. The ratio hit an ...

1don MSN

US could offer Argentina credit line if 'external shock' hit, Bessent says in remarks

U.S. President Donald Trump's administration would be willing to offer Argentina a credit line if an "external shock" ...

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