Treasury Secretary Scott Bessent called for a course correction for the International Monetary Fund and World Bank, while saying they serve “critical roles” and the Trump administration is willing to ...

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 ...

Treasury Secretary Scott Bessent is testifying Wednesday before the House Financial Services Committee on the state of ...

Treasury Secretary Scott Bessent on Wednesday tried to soften ... Finance as both the International Monetary Fund and World Bank held their spring meetings in Washington. On Monday, the IMF ...

Treasury Secretary Scott Bessent said Wednesday that the Trump administration would pursue a significant overhaul of the International Monetary Fund and World Bank as it seeks a “sustainable ...

Read Treasury Secretary Scott Bessent's opening statement from testimony during a Financial Services Hearing on Wednesday: TREASURY SECRETARY SCOTT BESSENT: I’m grateful to join you today. At the IMF ...

There will be pain, either shared by all voluntarily through peaceful negotiation or imposed on all through force. Take your ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US Treasury secretary Scott Bessent has accused the IMF and World Bank of “mission creep”, calling for ...

Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer will meet Chinese officials, but expectations for a ...

President Trump has just struck one big, beautiful deal with Ukraine — and its impact could reach far beyond rare earth ...

WASHINGTON — Treasury Secretary Scott Bessent leveled harsh criticism at the operations of the World Bank and the International Monetary Fund on Wednesday even as he tried to reassure nervous ...