News

Bessent says US will seek reforms of IMF, World Bank
Bessent said the Trump administration would not seek to retreat from those institutions but instead push to play a stronger ...
Bessent says IMF and World Bank need reform and there’s an ‘opportunity for a big deal’ with China
Treasury Secretary Scott Bessent has played a balancing act trying to reassure nervous investors that the U.S. would maintain ...
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 ...
Bessent Chides IMF, World Bank as He Says ‘America First Does Not Mean America Alone’
Bessent spoke to the Institute of International Finance as both the International Monetary Fund and World Bank held their ...
Treasury Secretary Scott Bessent rips IMF over woke ‘mission creep’
It devotes disproportionate time and resources to work on climate change, gender, and social issues,” Bessent said.
Bessent says he doesn’t know if Trump, Xi have talked on trade
Treasury Secretary Scott Bessent said on Sunday he doesn’t know whether President Trump and Chinese President Xi Jinping have ...
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 ...
U.S. Treasury head Bessent: ‘It’s up to China to de-escalate’ in trade war
The Chinese exempting some goods from tariffs indicates they are interested in reducing tensions, Bessent said ...
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 ...
Treasury chief Scott Bessent says U.S. has an "an opportunity for a big deal" with China
Treasury Secretary Scott Bessent on Wednesday said he believes the Trump administration could strike a deal with China.
IMF-World Bank meetings end with little tariff clarity, but economic foreboding
Global finance leaders came to Washington this past week seeking clarity on what it would take to get some relief from ...
U.S. News & World Report5d
Bessent Says IMF and World Bank Need Reform and There's an 'Opportunity for a Big Deal' With China
Bessent Says IMF and World Bank Need Reform and There's an 'Opportunity for a Big Deal' With China WASHINGTON (AP) — Treasury Secretary Scott Bessent leveled harsh criticism at the operations of ...