Economics
Yellen Says IMF, World Bank Risk Loss of Confidence From Scandal
- U.S. will review any new developments in Georgieva matter
- Calls for institutions to better protect whistle-blowers
Photographer: Greg Nash/The Hill/Bloomberg
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Treasury Secretary Janet Yellen warned that a scandal over the credibility of rankings of countries’ business climates could hurt confidence in the International Monetary Fund and World Bank unless the institutions take strong actions to prevent misconduct and support whistle-blowers.