The results of a review of U.S. participation in multilateral institutions, as laid out in a presidential executive order, were set to be finished last month, though no results are yet public.
But a U.S. Treasury Department report to Congress offers some insights into the Trump administration’s position when it comes to international financial institutions, including the International Monetary Fund and multilateral development banks.
The report, which Devex obtained, is dated July 2025. It both assesses the Treasury Department’s work related to these institutions in 2024 and looks ahead to 2025. Much of it reiterates what Treasury Secretary Scott Bessent said in a speech in April, but there are some more specifics.