“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.

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 spoke Wednesday to international economists attending IMF and World Bank spring meetings in Washington D.C. this week, telling them the Trump administration wants ...

Trump’s tariffs overshadow IMF and World Bank meetings. The spring meetings of the International Monetary Fund and World Bank begin this week with a goal of keeping a low profile, since ...

IMF and World Bank seek to avoid Trump’s ire. Sources: Atlantic Council, The New Republic, Financial Times. This week’s spring meetings “are of existential importance to the IMF and World ...

"The IMF and World Bank serve critical roles in the international system," he said. "And the Trump administration is eager to work with them — so long as they can stay true to their missions. ...

Bessent also repeated criticisms of the IMF and the World Bank that have been key talking points of Republicans for years, such as their commitment to diversity and alternative energy.

“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.

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 ...

He highlighted the role of the World Bank and IMF on promoting economic development and poverty reduction, but he argued that they’ve suffered from “mission creep” related to social issues ...

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 ...

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 ...