News

US Treasury Secretary says IMF and World Bank need reform
Treasury Secretary Scott Bessent said the institutions “serve critical roles in the international system. And the Trump ...
EconoTimes8h
U.S. Signals Possible Tariff Rollback Amid China Trade War Uncertainty
U.S. Treasury Secretary Scott Bessent signaled a potential shift in trade policy on Wednesday, calling the current tariff ...
The Business Standard8h
Bessent says China tariffs are not sustainable as US signals willingness to de-escalate
US stocks rallied on hopes that the two countries might lower the steep trade barriers they have erected over the past month, ...
Anchorage Daily News9h
Treasury Secretary says IMF and World Bank need reform and there’s an ‘opportunity for a big deal’ with China
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 chief Scott Bessent says U.S. has an "an opportunity for a big deal" with China
Treasury Secretary Scott Bessent on Wednesday said he believes the Trump administration could strike a deal with China.
Devex11h
US Treasury Secretary: US will stay engaged with World Bank, IMF
The institutions have let “mission creep” push them off course but the U.S. will push them to get back to their core mission ...
The Canadian Press on MSN12h
Bessent says IMF and World Bank need reform, says there's an 'opportunity for a big deal' with China
Treasury Secretary Scott Bessent leveled harsh criticism at the operations of the World Bank and the International Monetary ...
White House eases tone on tariffs on China but won’t be cutting them soon, it says
Treasury Secretary Scott Bessent said President Trump will not reduce tariffs on China without an agreement by both ...
US, China tariffs both need to fall for trade talks to start, Bessent says
U.S. Treasury Secretary Scott Bessent said on Wednesday that he believes that excessively high tariffs between the U.S. and ...
Scott Bessent says the World Bank and IMF need a total overhaul: ‘Mission creep has knocked these institutions off course’
Treasury Secretary Scott Bessent, in remarks to the Institute of International Finance on Wednesday, said the two agencies ...
2paragraphs15h
Ex-Treasury Secretary Questions Scott Bessent’s “Very Unfair” Private Meetings with Investors
President Trump's Treasury Secretary Scott Bessent announced Tuesday on X: "Ahead of this year’s @WorldBank Group-@IMFNews Spring Meetings, I look forward to joining @IIF tomorrow morning to share ...