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Bessent criticizes IMF, World Bank

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.

Associated Press News · 2h

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.

LIVE

ABC News · 3h

Trump tariffs live updates: Treasury secretary criticizes IMF, World Bank

ABC News's Mary Bruce asked Trump if he agreed with Treasury Secretary Scott Bessent who suggested that the current standoff over tariffs with China is not sustainable. Trump brushed off the concerns and said he's not going to play hardball with China.

IMF Warns of New Global Debt Surge

Reuters · 8h

IMF says tariff pressures to push global public debt past pandemic levels

Economic pressures from steep new U.S. tariffs will push global public debt above pandemic-era levels to nearly 100% of global GDP by the end of the decade as slower growth and trade strain government budgets,

The Wall Street Journal on MSN · 6h

IMF Warns Against Support for Tariff-Hit Businesses as Government Debts Surge

Higher tariffs and heightened geopolitical tensions may push government debts to new highs over the coming years, making the need for policymakers to outline robust plans for containing the surge more pressing,

Bloomberg L.P. · 7h

IMF Warns of New Global Debt Surge as Economic Growth Weakens

The International Monetary Fund warned that global public borrowing will likely surge this year as trade tensions triggered by the US lead to slower economic growth and more volatility on financial markets.

IMF, Trump and US

The Boston Globe · 1d

US, global economic outlook worsens in the face of Trump’s tariffs, IMF says

The outlook for the US and global economies this year and next has significantly worsened in the wake of the uncertainty President Trump's tariffs have created.

U.S. News & World Report · 1d

US and Global Economic Outlook Deteriorates in Trump Trade War, IMF Says

The outlook for the U.S. and global economies this year and next has significantly worsened in the wake of President Donald Trump’s tariffs and the uncertainty they have created

CNN on MSN · 1d

Trump’s trade war will hit US prosperity hard, IMF warns

President Donald Trump’s unpredictable tariff policy and countermeasures by America’s trading partners will likely deal a heavy blow to economies worldwide, with US prosperity hit particularly hard, the International Monetary Fund warned Tuesday.

32mon MSN

IMF Urges BOJ Flexibility on Tightening as Trump Dents Outlook

The Bank of Japan should be flexible and data-dependent in proceeding with any further interest-rate hikes as US tariffs ...

2hon MSN

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 ...

5hon 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 ...

IMF Issues Playbook for Faster Sovereign Debt Restructurings

Global financial leaders on Wednesday launched a blueprint for emerging-market debt restructurings, an effort to streamline a ...

3hon MSN

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

Treasury Secretary Scott Bessent has assailed the International Monetary Fund and the World Bank even as he tries to reassure ...

6hon MSN

Bessent says US will seek reforms of IMF, World Bank

Treasury Secretary Scott Bessent said Wednesday that the Trump administration planned to pursue reforms at the International ...

European Central Bank should only cut interest rates once more this year, IMF Europe head says

The ECB should hold its key rate at 2% from the summer barring major shocks, Alfred Kammer, director of the European ...

10h

IMF Appoints First Mission Chief to Syria in 14 Years

BEIRUT (Reuters) - The International Monetary Fund has appointed Ron van Rooden as head of its mission to Syria, Syria's ...

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Bessent criticizes IMF, World Bank

IMF Warns of New Global Debt Surge

IMF, Trump and US

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