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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.
7hon MSN
Treasury Secretary Scott Bessent has assailed the International Monetary Fund and the World Bank even as he tries to reassure ...
Treasury Secretary Scott Bessent said the U.S. remains committed to playing a leadership role in the IMF and World Bank but ...
U.S. Treasury Secretary Scott Bessent on Wednesday said IMF chief Kristalina Georgieva and World Bank President Ajay Banga ...
Bessent spoke to the Institute of International Finance as both the International Monetary Fund and World Bank held their ...
The bank’s messaging on climate represents a delicate balancing act between the institution and the U.S., its largest ...
The World Bank on Wednesday added four top executives, including Bayer AG CEO Bill Anderson and Hyatt Hotels CEO Mark ...
The I.M.F. and World Bank are holding their spring meetings as President Trump’s trade war upends the global economy.
B-READY is the World Bank’s attempt to regain credibility after the Doing Business scandal. In recent years, there has been both internal and external pressure to create a successor − and B-READY ...
"The global economic landscape has changed dramatically, marked by higher levels of uncertainty," Carlos Felipe Jaramillo, ...
The Treasury secretary called for more fossil fuel investments in a speech during the financial institutions' spring meetings ...
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