Category Archives: U.S. Treasury

Good afternoon, everyone. Let me start by thanking the IMF and the World Bank for this week’s meetings. Thank you also to Germany and Indonesia for their leadership of the G7 and G20.   We’ve had a very productive week. Before I take your questions, I’d like to touch upon our progress in four areas.   First, […]

As Prepared for Delivery Thank you, Commissioner Dombrovskis and Commissioner Gentiloni for meeting with me here today. The global economy faces a number of immediate macroeconomic challenges and the United States is committed to coordinating and communicating about those headwinds and our responses. Like our colleagues in Europe, the United States continues to work to […]

The United States remains resolute in its condemnation of Russia’s illegal war against Ukraine, which violates international norms and the core tenets of the United Nations Charter. We urge Russia to immediately end this needless war. We stand with the Ukrainian people and their government against Russia’s aggression and fraudulent attempts to annex parts of […]

Washington D.C., 12 October 2022 In our meeting on climate economics, we underlined our commitment to ambitious climate action and to promoting an orderly and just global transition towards net zero greenhouse gas emissions. We were delighted to be joined by Nicholas Stern, Amar Bhattacharya and Hans Peter Lankes for our discussion. As noted in […]

As Prepared for Delivery I thank President Zelensky and Prime Minister Shmyhal for addressing this group.  The American people stand resolutely with Ukraine in the face of Russia’s brutal and illegal war, especially after Monday’s barbaric strikes on non-military targets throughout Ukraine. In our meeting yesterday, I offered my condolences to Minister Marchenko for the […]

WASHINGTON – Earlier today, Secretary of the Treasury Janet L. Yellen attended the 8th Ministerial meeting of the Coalition of Finance Ministers for Climate Action. Secretary Yellen discussed how the Inflation Reduction Act will accelerate clean energy development in the United States as well as bolster our energy security and economic resilience. Secretary Yellen also […]

Washington D.C., 12 October 2022 We, the G7 Finance Ministers and Central Bank Governors, met in Washington D.C. We were honoured to be joined by the Ukrainian Finance Minister. We were also joined by the Heads of the International Monetary Fund, World Bank Group, Organisation for Economic Cooperation and Development, and Financial Stability Board.   […]

As Prepared for Delivery Thank you for inviting me to meet with the Bretton Woods Committee. I greatly appreciate the Committee’s work in fostering effective global cooperation at this uncertain time in our world economy. Let me start by saying that we are in the middle of a productive week at the Annual Meetings. We […]