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Scott Bessent says World Bank and IMF need a total overhaul

Fortune on MSN · 17h

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,

New York Post on MSN · 19h

Treasury Secretary Scott Bessent rips IMF over woke ‘mission creep’

It devotes disproportionate time and resources to work on climate change, gender, and social issues,” Bessent said.

Reuters on MSN · 19h

US Treasury's Bessent urges IMF, World Bank to refocus on core missions

U.S. Treasury Secretary Scott Bessent on Wednesday called on the International Monetary Fund and World Bank to refocus on their core missions of macroeconomic stability and development, arguing that they have strayed too far into vanity projects such as climate change that have reduced their effectiveness.

China, Scott Bessent and Trade War

CBS News on MSN · 10h

Treasury chief Scott Bessent says U.S. has an "an opportunity for a big deal" with China

Treasury Secretary Scott Bessent on Wednesday said he believes the Trump administration could strike a deal with China.

The Financial Times · 17h

Scott Bessent warns mutual de-escalation required in US-China trade war

Speaking to reporters in Washington on Wednesday, Bessent said “there would have to be a de-escalation by both sides”, echoing comments he made to a JPMorgan conference on Tuesday, where he warned that the US-China trade war was “not sustainable”.

U.S. News & World Report · 1d

US Treasury Secretary Says Trade War With China Is Not 'Sustainable'

U.S. Treasury Secretary Scott Bessent said in a Tuesday speech that the ongoing tariffs showdown with China is unsustainable and expects a “de-escalation” in the trade war between the world’s two larg

Elon Musk and Scott Bessent Had WWE Incident in West Wing

New York Post on MSN · 13h

Elon Musk and Scott Bessent had heated argument in halls of the White House: sources

It’s no secret President Trump has put together a team of people who are incredibly passionate about the issues impacting our country,” White House press secretary Karoline

HuffPost on MSN · 8h

White House Praises ‘Healthy Debate’ After Reports Of Elon Musk, Scott Bessent Screaming Match

The New York Times previously reported there was a "power struggle" between the two regarding the acting commissioner of the Internal Revenue Service.

Newsweek on MSN · 16h

Elon Musk and Scott Bessent Had 'WWE' Incident in West Wing: Report

Musk, DOGE leader and billionaire adviser to the president, has had several reported tense confrontations with Trump officials.

Bessent says China tariffs are not sustainable

Reuters on MSN · 12h

US, China tariffs both need to fall for trade talks to start, Bessent says

U.S. Treasury Secretary Scott Bessent said on Wednesday that he believes that excessively high tariffs between the U.S. and China will have to come down before trade negotiations can proceed but said President Donald Trump would not unilaterally cut tariffs on Chinese imports.

Stock Futures Fall After Bessent Dents U.S.-China Trade Hopes

Stock futures were pointing to losses on Thursday, with investors still trying to make sense of the U.S.-China trade war after Treasury Secretary Scott Bessent signaled that Washington and Beijing were yet to start negotiations on tariffs.

Bloomberg on MSN · 19h

Bessent Says No Unilateral US Offer to Cut Tariffs on China

Treasury Secretary Scott Bessent said that President Donald Trump hasn’t offered to take down US tariffs on China on a unilateral basis.

12hon MSN

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 ...

19hon MSN

Scott Bessent says China must move away from export overcapacity and American overreliance: ‘Everyone knows it needs to change’

Treasury Secretary Scott Bessent, in remarks to the Institute of International Finance on Wednesday, said, “America first ...

18hon MSN

Bessent tells investors Trump tax cuts could be passed by July 4

Treasury Secretary Scott Bessent said Tuesday that President Trump’s tax cut extension could be approved by July 4. His ...

13h

Bessent says international financial institutions aren’t doing their job

Treasury Secretary Scott Bessent called on the World Bank and the International Monetary Fund to return to their original ...

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