US Endorsement of IMF and World Bank Spurs a ‘Sigh of Relief’
Scott Bessent, US treasury secretary, center, arrives at the IIF Global Outlook Forum during the International Monetary Fund (IMF) and World Bank Spring meetings in Washington, DC, US, on Wednesday, April 23, 2025.
Photographer: Kent Nishimura/BloombergI’m Chris Anstey, an economics editor in Washington for the IMF/World Bank meetings. Today we’re looking at the US Treasury chief’s comments on the IMF and World Bank. Send us feedback and tips to ecodaily@bloomberg.net. And if you aren’t yet signed up to receive this newsletter, you can do so here.
After President Donald Trump pulled the US out of the World Health Organization, shuttered its main overseas development agency and two of his cabinet members skipped ministerial meetings with Group of 20 counterparts, there was arguably reason to wonder how the administration thought about the IMF and World Bank.