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.