The Hill
@thehill·2.1M subscribers·45.9K videos
Treasury Secretary Targets IMF and World Bank, Says They Are 'Falling Short'
Posted
April 23, 2025
Views
12,353
Likes
320
Comments
89
Engagement
3.31%
April 23, 2025
12,353
320
89
3.31%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
6:13Now Playing#IMF #Economy #WorldBank
Treasury Secretary Scott Bessent is criticizing the International Monetary Fund and the World Bank in a speech on Wednesday morning, saying the IMF devotes disproportionate time to work on social issues and should be more aggressive to China.
Bessent denounced the IMF for devoting "disproportionate time and resources to work on climate change, gender, and social issues."
"Mission creep has knocked these institutions off course," he said. He also said it should be more aggressive to confront China for its "globally distortive policies."
When it comes to the World Bank, Bessent will say, there should not be any "blank checks for vapid, buzzword-centric marketing accompanied by half-hearted commitments to reform.”
His remarks come just after U.S. markets opened with big gains the morning after President Donald Trump said he would not attempt to fire the head of the Federal Reserve. Bessent also said he expects a “de-escalation” from unsustainable tariffs against China in the trade war between the world’s two largest economies.
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
