U.S. Treasury Secretary Scott Bessent complained on Wednesday that the World Bank and the International Monetary Fund (IMF) are suffering from “mission creep.” But Bessent announced that the Trump administration 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 the IMF “devotes disproportionate time and resources to work on climate change, gender, and social issues.” What should the U.S....
