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Bessent Chides IMF, World Bank

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

Treasury Secretary Scott Bessent, in remarks to the Institute of International Finance on Wednesday, said the two agencies are falling short.

Yahoo · 2d

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.

RealClearPolitics · 2d

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.

IMF Chief Downplays Climate Work

Bloomberg · 1d

IMF Chief Downplays Climate Work After Bessent Criticism

The head of the International Monetary Fund downplayed its work related to climate change after US Treasury Secretary Scott Bessent called for the lender to return to its core focus as economic stabilizer.

Yahoo · 1d

US Treasury chief raised 'important issues' in IMF criticism: Georgieva

US Treasury Secretary Scott Bessent's criticism of the International Monetary Fund raised "a number of important issues" to grapple with, the head of the Washington-based institution said Thursday."He raised a number of important issues and priorities for the institution that I look forward to discussing with the US authorities and the membership as a whole,

Daily Wrap on MSN · 1d

IMF chief vows reform amid US criticisms and climate focus

IMF Chief Kristalina Georgieva stated on Thursday that the Fund will implement Washington's suggestions regarding its policy. The day before, U.S. Treasury Secretary Scott Bessent had criticised the IMF and the World Bank,

2don MSN

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 ...

2don MSN

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 ...

2don MSN

IMF's Georgieva, World Bank's Banga need to earn Trump administration's trust, Bessent says

U.S. Treasury Secretary Scott Bessent on Wednesday said IMF chief Kristalina Georgieva and World Bank President Ajay Banga ...

Bessent: We Expect IMF To "Call Out" China's Distortive And Opaque Economic Policies

During a speech Wednesday where Treasury Secretary Scott Bessent said the Trump administration wants to "make the IMF the IMF again," BESSENT: Here in the United States we know we need to get our ...

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 ...

21hon MSN

IMF focused on stability but will support countries on climate risks, Georgieva says

The International Monetary Fund will stay "laser focused" on preventing balance of payments crises and incorporate the Trump ...

Bessent Tells Finance Reps: 'America First Does Not Mean America Alone'

Treasury Secretary Scott Bessent reassured a room full of representatives from the finance industry that, despite President Trump's trade war, the United States wants to work with its allies. "On this ...

2don MSN

Bessent says ‘America First does not mean America alone,’ urges collaboration on trade

Treasury Secretary Scott Bessent on Wednesday emphasized that the United States is not stepping back from international ...

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