Treasury Secretary Scott Bessent leveled harsh criticism at the World Bank and International Monetary Fund Wednesday, saying “mission creep” and devoting “disproportionate time” to climate change, gender and social issues has caused the institutions to fall short.

Bessent targets IMF and World Bank, says they are ‘falling short’ because of ‘mission creep’

Treasury Secretary Scott Bessent leveled harsh criticism at the World Bank and International Monetary Fund Wednesday, saying “mission creep” and devoting “disproportionate time” to climate change, gender and social issues has caused the institutions to fall short.