Article source
Wall Street Journal
Article date
Wed, Jun 14, 2017
U.S. Treasury Secretary Steven Mnuchin said Wednesday that despite plans to cut contributions to the World Bank and other multilateral institutions, the administration still plans to preserve Washington's power within them as a critical tool for U.S. foreign policy.
"America will continue to lead on issues of global importance, and therefore will remain a top donor to the multilateral development banks as our economy is the largest in the world," Mr. Mnuchin said in prepared remarks to a House Appropriations subcommittee.