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U.S. Treasury Secretary Janet Yellen will call on Tuesday for Europe and the U.S. to stand together against Russian aggression and Iranian "support for terrorism", including finding a way forward ...
U.S. Treasury Secretary Janet Yellen said there was a possibility Group of Seven nations would support Ukraine by as much as $50 billion using loans linked to seized Russian assets, Sky News ...
US Treasury Secretary Janet Yellen is wrapping up her second trip to China, where she raised American concerns about Chinese overproduction, warned against support for Russia and, unexpectedly ...
Recorded March 23, 2023. Janet Louise Yellen (born August 13, 1946) is an American economist serving as the 78th United States secretary of the treasury since January 26, 2021. She previously served as the 15th chair of the Federal Reserve from 2014 to 2018. She is the first woman to hold either post, and has also led the White House Council of ...
Yellen said Tuesday that it is “extremely unlikely" that tapping the frozen funds would harm the dollar's standing in the global economy "especially given the uniqueness of the situation where Russia is brazenly violating international norms. Realistically there are not alternatives to the dollar, euro and yen,” Yellen said.
Treasury Secretary Janet Yellen on Tuesday offered her strongest public support yet for the idea of liquidating roughly $300 billion in frozen Russian Central Bank assets and using them for ...
Most of the Russian assets held by Euroclear have now been converted to cash, Yellen told Reuters. G7 officials say the assets could generate around $5 billion a year in interest.
WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen will push fellow G7 finance officials next week to agree to a plan to bring forward the interest earnings on frozen Russian assets to ...