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Bessent Chides IMF, World Bank

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 its global leadership role while staying true to the Trump administration’s skepticism of multilateral banking organizations.

Politico on MSN · 1d

Bessent says US will seek reforms of IMF, World Bank

Bessent sharply criticized the IMF and World Bank, saying that “mission creep has knocked these institutions off course.” He criticized the IMF for devoting too much time to “work on climate change, gender, and social issues” while failing to hold countries to which it lends money accountable for implementing economic reforms.

RealClearPolitics · 1d

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 · 6h

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 · 6h

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 · 4h

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,

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 ...

Business Matters12h

Scott Bessent attacks ‘Polyanna-ish’ IMF and demands clampdown on China’s export dominance

US Treasury Secretary Scott Bessent criticises the IMF for ignoring global trade imbalances and focusing on climate and ...

Bill Ackman Praises Treasury Secretary Scott Bessent As 'Steady Hand' Ahead Of World Bank-IMF Spring Meetings

Billionaire investor Bill Ackman, CEO of Pershing Square Capital Management, commended Treasury Secretary Scott Bessent on ...

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" ...

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 ...

1don 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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