Treasury Secretary Scott Bessent ripped the International Monetary Fund on Wednesday for focusing its resources on promoting woke causes instead of economic stability. Speaking at the Institute of ...

“The IMF and World Bank have enduring value, but mission creep has knocked these institutions off course,” Bessent said. The two are falling short, he said, and need reform.

Treasury Secretary Scott Bessent and Defense Secretary Pete Hegseth listen as President Donald Trump speaks before a luncheon with Italy's Prime Minister Giorgia Meloni in the Cabinet Room of the ...

Although Bessent said the IMF and the World Bank are “falling short,” he did not call for the U.S. to withdraw from the institutions, as some conservatives had advocated in a Project 2025 ...

Treasury Secretary Scott Bessent charted a series of reforms that the U.S. would seek to advance at the IMF and World Bank. | Alex Brandon/AP By Michael Stratford 04/23/2025 10:25 AM EDT Updated ...

U.S. Treasury Secretary Scott Bessent on Wednesday said IMF chief Kristalina Georgieva and World Bank President Ajay Banga are both good leaders but must earn the Trump administration's trust by ...

Why Trump may be reversing course on China tariffs 04:50. Treasury Secretary Scott Bessent on Wednesday said the Trump administration has an "opportunity for a big deal" on trade between the U.S ...

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 ...

Treasury Secretary Scott Bessent ripped the International Monetary Fund on Wednesday for focusing its resources on promoting woke causes instead of economic stability.. Speaking at the Institute ...

Although Bessent said the IMF and the World Bank are “falling short,” he did not call for the U.S. to withdraw from the institutions, as some conservatives had advocated in a Project 2025 ...

Scott Bessent called for sweeping change at the World Bank and International Monetary Fund, claiming they needed to reconnect with their missions, faulting their dealings with China. Treasury ...

WASHINGTON (AP) — Treasury Secretary Scott Bessent leveled harsh criticism at the operations of the World Bank and the International Monetary Fund on Wednesday even as he tried to reassure ...