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 nervous investors that the ...

Treasury Secretary Scott Bessent is testifying Wednesday before the House Financial Services Committee on the state of ...

Bessent said the Trump administration would not seek to retreat from those institutions but instead push to play a stronger leadership role and push for major changes to those ins ...

Bessent spoke to the Institute of International Finance as both the International Monetary Fund and World Bank held their spring meetings in Washington. On Monday, the IMF downgraded its forecast ...

Read Treasury Secretary Scott Bessent's opening statement from testimony during a Financial Services Hearing on Wednesday: TREASURY SECRETARY SCOTT BESSENT: I’m grateful to join you today. At the IMF ...

Top US officials will meet with Chinese officials in Switzerland this weekend, marking the first major talks since the start ...

The Chinese exempting some goods from tariffs indicates they are interested in reducing tensions, Bessent said ...

The White House has a plan in hand but has made "no final decisions" on a proposal to establish a U.S. sovereign wealth fund.

Treasury Secretary Scott Bessent on April 28 put the responsibility for reaching a trade agreement on China. He argued China ...

High-level talks between the United States and China have begun in Geneva, Switzerland, Chinese state media reported on Saturday, in a possible thaw in the trade war sparked by President Donald ...

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 proposal ...