Treasury Secretary Bessent Gives Warning To Those Who 'Financed Or Supplied The Russian War Machine'

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Speaking at the Institute of International Finance on Wednesday, Treasury Secretary Scott Bessent spoke about procurement of Ukraine reconstruction funds.

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00:00and its shareholders. Related to this subject, I wish to send a strong, and I emphasize strong

00:07message about procurement policies as regards Ukraine. No one who financed or supplied the

00:14Russian war machine will be eligible for funds earmarked for Ukraine's reconstruction. No one.

00:22To conclude, I invite our allies to work with us as we rebalance the international financial

00:29system, refocus the IMF and World Bank on their founding charters. America First means we are

00:36doubling down on our engagement with the international economic system, including at the IMF and the World

00:43Bank. A more sustainable economic system will be one that better serves the interests of the United

00:50States and all the other participants in the system. We look forward to working with all of you in this

00:57endeavor.

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