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US Treasury's Bessent urges IMF, World Bank to refocus on core missions
U.S. Treasury Secretary Scott Bessent on Wednesday called on the International Monetary Fund and World Bank to refocus on their core missions of macroeconomic stability and development, arguing that they have strayed too far into vanity projects such as climate change that have reduced their effectiveness.
Treasury Secretary Scott Bessent has played a balancing act trying to reassure nervous investors that the U.S. would maintain ...
Treasury Secretary Scott Bessent said Wednesday that the Trump administration planned to pursue reforms at the International ...
Treasury Secretary Scott Bessent said the U.S. remains committed to playing a leadership role in the IMF and World Bank but ...
Bessent spoke to the Institute of International Finance as both the International Monetary Fund and World Bank held their ...
Economic pressures from steep new U.S. tariffs will push global public debt above pandemic-era levels to nearly 100% of ...
The Bank of Japan should be flexible and data-dependent in proceeding with any further interest-rate hikes as US tariffs ...
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