US Seeks IMF, World Bank Reforms to Reverse Institutions’ Mission Creep: Bessent

‘America First does not mean America alone,’ the Treasury secretary said in prepared remarks.
US Seeks IMF, World Bank Reforms to Reverse Institutions’ Mission Creep: Bessent
U.S. Treasury Secretary Scott Bessent speaks to reporters outside the White House in Washington, D.C., on April 9, 2025. Travis Gillmore/The Epoch Times
Andrew Moran
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The United States will support changes to the International Monetary Fund (IMF) and the World Bank to secure economic and financial sustainability, Treasury Secretary Scott Bessent said on April 23.

Bessent laid out his vision for the twin institutions and America’s involvement, pledging to bolster its leadership role as it pursues reforms to “restore equilibrium to the global financial system.”

Andrew Moran
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."