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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 'falling short' as he calls for rebalancing of international financial system
Treasury Secretary Scott Bessent said Wednesday that the International Monetary Fund and the World Bank are guilty of 'mission creep' as he asked them to refocus efforts on helping the US restore balance to the international economic system.
Bessent spoke to the Institute of International Finance as both the International Monetary Fund and World Bank held their ...
Treasury Secretary Scott Bessent argued in a speech that the multilateral economic institutions have veered away from their ...
Bessent sharply criticized the IMF and World Bank, saying that “mission creep has knocked these institutions off course.” He ...
Treasury Secretary Scott Bessent said on Sunday he doesn’t know whether President Trump and Chinese President Xi Jinping have ...
Treasury Secretary Bessent on Wednesday encouraged the World Bank to invest in gas and fossil fuels. "The World Bank must be ...
Treasury Secretary Scott Bessent said the U.S. remains committed to playing a leadership role in the IMF and World Bank but ...
The Treasury secretary said that the President Trump and Xi Jinping of China have a good relationship but that he was not ...
Khaleej Times on MSN15h
IMF-World Bank Meetings End With Little Tariff Clarity, but Economic ForebodingThe IMF took a slightly more optimistic view of the economic fallout from the highest U.S. tariffs in more than a century, ...
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