News

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 ...
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 the World Bank and the ...
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 Encourages World Bank to Invest in Gas and Fossil Fuels
Treasury Secretary Bessent on Wednesday encouraged the World Bank to invest in gas and fossil fuels. "The World Bank must be ...
Bessent Says US Backs IMF and World Bank, While Calling for Reforms
Treasury Secretary Scott Bessent called for a course correction for the International Monetary Fund and World Bank, while ...
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 ...
The New York Times4d
U.S. Calls for Sweeping Reforms to I.M.F. and World Bank
By Alan Rappeport Reporting from Washington Treasury Secretary Scott Bessent on Wednesday called for major overhauls to the missions of the International Monetary Fund and the World Bank but said ...
Just The News3d
Treasury Sec Bessent says IMF and World Bank aren’t doing their job
Bessent said that more than 100 countries have approached the U.S. to negotiate trade agreements since the Trump ...
The Washington Post4d
Trump administration says IMF, World Bank ‘falling short’ of missions
Treasury Secretary Scott Bessent said Wednesday that the International Monetary Fund and World Bank are “falling short” of their main missions and must focus on an urgent goal of bringing the ...