Treasury Secretary Janet Yellen testifies Wednesday simply earlier than the Home Monetary Suppliers Committee on the state of intercontinental finance.
In remarks equipped for the listening to, Yellen in distinctive talked about the impression that Russia’s assault on Ukraine could have on the worldwide method.
“Russia’s steps, together with the atrocities devoted in direction of harmless Ukrainians in Bucha, are reprehensible, characterize an unacceptable affront to the policies-centered world broad get, and could have monumental monetary repercussions for your entire world,” she mentioned.
Yellen additionally well-known that institutions these sorts of because the International Monetary Fund, the Earth Monetary establishment and others are stepping in to supply cash help to Ukraine.
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