Treasury Secretary Scott Bessent leveled harsh criticism at the operations of the World Bank and the International Monetary Fund on Wednesday even as he tried to reassure nervous investors that the ...

Bessent said the Trump administration would not seek to retreat from those institutions but instead push to play a stronger leadership role and push for major changes to those ins ...

Treasury Secretary Scott Bessent is testifying Wednesday before the House Financial Services Committee on the state of ...

Top US officials will meet with Chinese officials in Switzerland this weekend, marking the first major talks since the start ...

U.S. Treasury Secretary Scott Bessent and others are expected to meet with Chinese counterparts in Geneva, Switzerland, later ...

The White House has a plan in hand but has made "no final decisions" on a proposal to establish a U.S. sovereign wealth fund.

Treasury Secretary Scott Bessent on April 28 put the responsibility for reaching a trade agreement on China. He argued China ...

Read Treasury Secretary Scott Bessent's opening statement from testimony during a Financial Services Hearing on Wednesday: TREASURY SECRETARY SCOTT BESSENT: I’m grateful to join you today. At the IMF ...

Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer will meet Chinese officials, but expectations for a ...

The US and China both pointed to progress after high-stakes trade talks over the weekend, with both sides building optimism ...

Bessent Says IMF and World Bank Need Reform, Says There's an 'Opportunity for a Big Deal' With China WASHINGTON (AP) — Treasury Secretary Scott Bessent leveled harsh criticism at the operations ...

Although Bessent said the IMF and the World Bank are "falling short," he did not call for the U.S. to withdraw from the institutions, as some conservatives had advocated in a Project 2025 proposal ...