Watch Treasury Secretary Janet Yellen speak live on the global financial system

Watch Treasury Secretary Janet Yellen speak live on the global financial system

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Treasury Secretary Janet Yellen testifies Wednesday earlier than the Home Financial Providers Committee on the state of worldwide finance.

In remarks ready for the listening to, Yellen specifically famous the affect that Russia’s assault on Ukraine may have on the global system.

“Russia’s actions, including the atrocities committed against innocent Ukrainians in Bucha, are reprehensible, represent an unacceptable affront to the rules-based global order, and will have enormous economic repercussions for the world,” she stated.

Yellen additionally famous that establishments akin to the Worldwide Financial Fund, the World Financial institution and others are stepping in to supply financial help to Ukraine.

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