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Bessent criticizes IMF, World Bank

Associated Press News on MSN · 4d

Bessent says IMF and World Bank need reform and there’s an ‘opportunity for a big deal’ with China

Treasury Secretary Scott Bessent has played a balancing act trying to reassure nervous investors that the U.S. would maintain its global leadership role while staying true to the Trump administration’s skepticism of multilateral banking organizations.

U.S. News & World Report · 4d

Bessent Says IMF and World Bank Need Reform and There's an 'Opportunity for a Big Deal' With China

Bessent Says IMF and World Bank Need Reform and There's an 'Opportunity for a Big Deal' With China WASHINGTON (AP) — Treasury Secretary Scott Bessent leveled harsh criticism at the operations of ...

Euronews (English) on MSN · 4d

US Treasury Secretary says IMF and World Bank need reform

Treasury Secretary Scott Bessent said the institutions “serve critical roles in the international system. And the Trump administration is eager to work with them — so long as they can stay true to their missions.

US won't drop China tariffs without something 'substantial'

ABC News · 16h

Trump tariffs live updates: US won't drop China tariffs without something 'substantial'

Speaking before the Institute of International Finance, Treasury Secretary Scott Bessent leveled criticism of the World Bank and International Monetary Fund, urging them to go "back to basics" in their focus as financial institutions, but also offered support, stressing the United States' desire to continue its leadership role.

Reuters on MSN · 58m

China downplays impact of Trump tariffs on economic recovery

Chinese policymakers on Monday sought to assuage concerns the broad U.S. tariffs could derail efforts to shore up a fragile economic recovery, even as analysts warn the hefty levies raise the risk of a sharp downturn in growth.

U.S. News & World Report · 16h

Bessent Does Not Back up Trump on China Tariff Discussions

U.S. Treasury Secretary Scott Bessent on Sunday did not back President Donald Trump's assertion that tariff talks with China were under way and said he did not know if the U.S. president had talked to Chinese President Xi Jinping.

4don MSN

Scott Bessent says the World Bank and IMF need a total overhaul: ‘Mission creep has knocked these institutions off course’

Treasury Secretary Scott Bessent, in remarks to the Institute of International Finance on Wednesday, said the two agencies ...

13h

Bessent Demurs on Trump’s Claim of Trade Talks With China’s Xi

The Treasury secretary said that the President Trump and Xi Jinping of China have a good relationship but that he was not ...

21hon MSN

IMF-World Bank meetings end with little tariff clarity, but economic foreboding

Global finance leaders came to Washington this past week seeking clarity on what it would take to get some relief from ...

4don MSN

Treasury Secretary Bessent says there's an opportunity for a 'big deal' with China

Treasury Secretary Scott Bessent said that there's an opportunity to do a "big deal" with China to reduce tariffs if the ...

Inquirer on MSN1d

Developing countries should fast-track US trade deals: World Bank president

Developing countries should strike swift trade deals with the United States at the "earliest possible" opportunity, the ...

4don MSN

World Bank cuts Latin American and Caribbean growth view, highlights uncertainties

The World Bank on Wednesday cut its 2025 economic growth forecast for Latin America and the Caribbean to 2.1% from its ...

2hon MSN

China Vows Steps to Ease Exporters’ Pain as Trump’s Tariffs Hit

Chinese officials vowed to provide more support for exporters affected by Donald Trump’s tariffs, showing greater urgency to ...

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