Secretary Scott K.H. Bessent’s Statement Before the United States House of Representatives Committee on Financial Services

Excerpt:  “Chairman Hill, Ranking Member Waters, and Members of the Committee—I’m grateful to join you today. At the IMF and World Bank Group Spring Meetings last month, I relayed an important message: America First does not mean America Alone. To the contrary, America First seeks to expand U.S. leadership in international institutions like the IMF and World Bank. By embracing a stronger leadership role, the United States will restore fairness to the international economic system. I look forward to answering your questions on this topic today. And I look forward to providing you with a broad overview of Treasury’s achievements and future plans. Specifically, I would like to highlight the Department’s efforts to boost U.S. economic growth, improve government efficiency, and target illicit actors that threaten our national security.”