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Bessent demands fixes at IMF and World Bank

Fortune on MSN · 21h

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

Scott Bessent called for sweeping change at the World Bank and International Monetary Fund, claiming they needed to reconnect with their missions, faulting their dealings with China. Treasury secretary Scott Bessent,

RealClearPolitics · 23h

Treasury Secretary Bessent Accuses IMF And World Bank Of "Mission Creep"

Treasury Secretary Scott Bessent spoke Wednesday to international economists attending IMF and World Bank spring meetings in Washington D.C. this week, telling them the Trump administration wants to overhaul these institutions to create a more "sustainable international economic system.

Reuters on MSN · 19h

IMF's Georgieva, World Bank's Banga need to earn Trump administration's trust, Bessent says

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 Trump administration's trust by refocusing the institutions on their core missions.

IMF cuts 2025 growth forecast for major Asian economies

Associated Press News on MSN · 37m

IMF chief urges countries to move ‘swiftly’ to resolve trade tensions that threaten global growth

The head of the International Monetary Fund urged countries to move “swiftly’’ to resolve trade disputes that threaten global economic growth.

Fox Business on MSN · 1d

IMF cuts US economic growth forecast over trade tensions, policy uncertainty

The International Monetary Fund released its world economic outlook which cut the economic growth forecast for the U.S. due to trade tensions and policy uncertainty.

CNBC on MSN · 1d

IMF cuts 2025 growth forecast for major Asian economies, warns of global slowdown on trade worries

On a global basis, growth was lowered from 3.3% to 2.8% for the whole of 2025, with the IMF saying that tariffs were "a major negative shock to growth."

19hon MSN

Trump administration says IMF, World Bank ‘falling short’ of missions

Treasury Secretary Scott Bessent said the U.S. remains committed to playing a leadership role in the IMF and World Bank but ...

23hon MSN

Bessent Chides IMF, World Bank as He Says ‘America First Does Not Mean America Alone’

Bessent spoke to the Institute of International Finance as both the International Monetary Fund and World Bank held their ...

20h

U.S. Calls for Sweeping Reforms to I.M.F. and World Bank

Treasury Secretary Scott Bessent argued in a speech that the multilateral economic institutions have veered away from their ...

22hon MSN

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

Treasury Secretary Scott Bessent leveled harsh criticism at the operations of the World Bank and the International Monetary ...

1h

IMF to help Syria rebuild institutions, re-enter world economy, Georgieva says

The International Monetary Fund plans to work with Syria to help it reintegrate into the global economy, IMF chief Kristalina ...

2d

Global Economic Leaders Gathering in U.S. Confront Trump’s New World Order

The I.M.F. and World Bank are holding their spring meetings as President Trump’s trade war upends the global economy.

1d

IMF chief economist, asked about Trump attacks on Powell, says central banks must preserve independence

The IMF's chief economist, asked on Tuesday about U.S. President Donald Trump's attacks on Federal Reserve Chair Jerome ...

3don MSN

Tariff deal talks to dominate IMF-World Bank meetings this week

Hundreds of global finance leaders will descend on Washington this week, each with a singular mission: Who can I talk with to ...

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