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

The US president has ordered a review of US-funded international organizations, which he claims unfairly benefit other nations. As the IMF and World Bank hold their Spring summits this week, are ...

The IMF and the World Bank were born from an international monetary conference held by the UN in Bretton Woods, United States, in 1944.

“The IMF and World Bank serve critical roles in the international system,” Bessent said in prepared remarks. “And the Trump Administration is eager to work with them — so long as they can ...

While the IMF and World Bank serve critical roles in the global economy, "under the status quo, they are falling short," Bessent said in his speech. He added that they "must step back from their ...

Bessent Says IMF and World Bank Need Reform, Says There's an 'Opportunity ... the United States would maintain its global leadership role. “America first does not mean America alone,” he ...

Speaking at the institutions' spring meetings, Bessent acknowledged the critical roles both the International Monetary Fund and World Bank play in the international financial system, but took ...

These issues are not the IMF’s mission.” He highlighted the role of the World Bank and IMF on promoting economic development and poverty reduction, but he argued that they’ve suffered from ...

He said the institutions “serve critical roles in the international system ... represented a broadside against the IMF and the World Bank, which provide loans and other financial support ...

He said the institutions “serve critical roles in the international system ... represented a broadside against the IMF and the World Bank, which provide loans and other financial support ...