A widely-agreed upon proposal to reform the International Monetary Fund (IMF) has been on the table since 2010. It is supported by the Obama Administration, but requires Congressional action and so far the US Congress has resisted calls for action from the White House and various advocates inside and outside the country.  Some have even considered procedures that would allow certain elements of proposed reforms to proceed without Congress. Former IMF executive and current Wilson Center Public Policy Fellow Meg Lundsager discusses the status of proposed reforms with Wilson Center NOW host, John Milewski.

Meg Lundsager, a current Wilson Center Public Policy Fellow, consults on international economic, financial, and regulatory issues.  While United States’ Executive Director on the International Monetary Fund Executive Board (2007-2014), she focused on achieving effective IMF input into lending programs in Europe, securing adequate IMF resources, supporting low income countries, and strengthening IMF oversight of exchange rate policies.  She negotiated increased emerging market representation at the IMF and promoted enhanced ethical standards and internal oversight functions. As Deputy Assistant Secretary for Trade and Investment at the US Treasury Department (1996-2000), she negotiated multilateral financial services agreements and aspects of China’s entry into the World Trade Organization. She also analyzed portfolio allocation decisions of institutional investors as an Atlantic Fellow in London. 

John Milewski is the executive producer and managing editor of Wilson Center NOW and also serves as director of Wilson Center ON DEMAND digital programming. Previously he served as host and producer of Dialogue at the Wilson Center and Close Up on C-SPAN. He also teaches a course on politics and media for Penn State’s Washington Program.