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 ...

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 ...

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 ...

Top US officials involved in high-level trade negotiations with China emerged from two days of talks touting “substantial ...

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

WASHINGTON, April 23 (Reuters) - U.S. Treasury Secretary Scott Bessent on Wednesday said IMF chief Kristalina Georgieva and World Bank President Ajay Banga are both good leaders but must earn the ...

Japanese Finance Minister Katsunobu Kato said on Tuesday that he would seek to meet U.S. Treasury Secretary Scott Bessent on ...

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 ...