Treasury Secretary Scott Bessent complained last week that the World Bank and the International Monetary Fund are suffering from “mission creep.” But Bessent announced that Trump will be “doubling down” on supporting the largest foreign aid gushers on earth. “Far from stepping back, ‘America First’ seeks to expand U.S. leadership in international institutions like the I.M.F. and World Bank,” Bessent declared. Bessent complained that the IMF “devotes disproportionate time and resources to work...
