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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.
Bessent targets IMF and World Bank, says they are 'falling short' because of 'mission creep'
Treasury Secretary Scott Bessent leveled harsh criticism at the World Bank and International Monetary Fund Wednesday, saying "mission creep" and devoting "disproportionate time" to climate change, gender and social issues has caused the institutions to fall short.
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Although Bessent said the IMF and the World Bank are “falling short,” he did not call for the U.S. to withdraw from the ...
Treasury Secretary Scott Bessent argued in a speech that the multilateral economic institutions have veered away from their ...
Treasury Secretary Scott Bessent said the U.S. remains committed to playing a leadership role in the IMF and World Bank but ...
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U.S. Treasury Secretary Scott Bessent on Wednesday said IMF chief Kristalina Georgieva and World Bank President Ajay Banga ...
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The World Bank has long sought to replace it’s annual index that fell to scandal in 2021. But a new replacement repeats some ...
The World Bank has projected Ghana’s inflation rate to hit 17.2% in 2025, slightly above the country's current trajectory, ...
The IMF's chief economist, asked on Tuesday about U.S. President Donald Trump's attacks on Federal Reserve Chair Jerome ...
Specifically, the IMF warned that tariff turmoil could weigh heavily on banks, as a trade shock could force banks to park ...
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