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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.
Treasury Secretary Scott Bessent said the U.S. remains committed to playing a leadership role in the IMF and World Bank but ...
Treasury Secretary Scott Bessent argued in a speech that the multilateral economic institutions have veered away from their ...
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Treasury Secretary Scott Bessent leveled harsh criticism at the operations of the World Bank and the International Monetary ...
Of 47 countries in the region, 14 still have inflation rates of two digits or more—including Angola, Ethiopia, Ghana, Malawi, ...
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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 ...
Treasury Secretary Scott Bessent said Wednesday that the International Monetary Fund and the World Bank are guilty of ...
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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