WASHINGTON – This Spring, the shareholders of the World Bank Development Committee convene in Washington D.C. at a time of great consequence. President Biden’s agenda has led to strong growth in the United States, inflation has come down, and the labor market is robust, with unemployment rates at near historic lows. Strong economic performance in […]
Category Archives: U.S. Treasury
Remarks by U.S. Deputy Secretary of the Treasury Wally Adeyemo at Treasury Advisory Committee for Racial Equity
New report on Treasury’s work to create an economy that works for all Americans released with remarks As Prepared for Delivery Thank you all for joining us here today. I’m grateful for your continued work, time, and dedication to advancing economic and racial equity. I’m also grateful that you made the trip here. It’s important […]
Remarks by Secretary of the Treasury Janet L. Yellen Following Bilateral Meeting with Prime Minister Denys Shmyhal of Ukraine
As Prepared for Delivery Prime Minister Shmyhal and Minister Marchenko, thank you for meeting with me today. I was glad to discuss our key shared priorities, including international financial support for Ukraine, Ukraine’s reform progress, and Russia’s obligation to pay for the damages of its war of aggression. Budgetary assistance from the United States is […]
Japan-Republic of Korea-United States Trilateral Ministerial Joint Press Statement
WASHINGTON – Today, we, the Finance Ministers of Japan, the Republic of Korea, and the United States held our first trilateral meeting in Washington, DC. Our discussion builds on our Trilateral Leaders’ Summit last August in Camp David, and affirms the importance of our relationship to our own economies and to the global economy. As […]
READOUT: Deputy Secretary of the Treasury Adeyemo’s Meeting with Estonian Minister of Finance Võrklaev, Latvian Minister of Finance Ašeradens, Lithuanian Minister of Finance Skaistė, and Polish Undersecretary of State at the Ministry of Finance Karbownik
WASHINGTON – On April 17, Deputy Secretary of the Treasury Wally Adeyemo met jointly with Estonian Minister of Finance Mart Võrklaev, Latvian Minister of Finance Arvils Ašeradens, Lithuanian Minister of Finance Gintarė Skaistė, and Polish Undersecretary of State at the Ministry of Finance Paweł Karbownik. They discussed their commitment to Ukraine and building on the […]
READOUT: Secretary of the Treasury Janet L. Yellen’s Bilateral Meeting with Minister of Finance Christian Lindner of Germany
WASHINGTON — Today, Secretary of the Treasury Janet L. Yellen met with Germany’s Minister of Finance Christian Lindner on the sidelines of the 2024 Spring Meetings hosted by the International Monetary Fund and the World Bank Group. Secretary Yellen reiterated the Administration’s ongoing efforts to secure vital military assistance and direct budget support for Ukraine […]
READOUT: Secretary of the Treasury Janet L. Yellen’s Participation in the 5th Ukraine Ministerial Roundtable
WASHINGTON – Today, Secretary Yellen participated in the 5th Ukraine Ministerial Roundtable, chaired by Prime Minister Denis Shmyhal, IMF Managing Director Kristalina Georgieva, and World Bank President Ajay Banga. Secretary Yellen commended the Government of Ukraine for prudently managing its economy, providing for its people, and continuing to fight corruption and strengthen governance, all while […]
Remarks by Secretary of the Treasury Janet L. Yellen at 5th Ukraine Ministerial Roundtable
As Prepared for Delivery I thank Prime Minister Shmyhal and Minister Marchenko for addressing this group. We condemn Russia’s unprovoked and horrific war, which has terrorized the Ukrainian people and caused massive economic damage. It has also led to devastating effects around the world, including food insecurity. Ukraine has shown valiant resilience, and its government […]
Remarks by Secretary of the Treasury Janet L. Yellen Ahead of Trilateral Meeting with Minister of Finance Shun’ichi Suzuki of Japan and Deputy Prime Minister and Minister of Economy and Finance Sangmok Choi of Korea
As Prepared for Delivery I would like to thank Deputy Prime Minister Choi and Minister Suzuki for joining me in this trilateral finance ministers meeting, which is a significant milestone. This is the first such meeting between our three ministries, and a key follow-up to our Leaders Summit at Camp David last August. As Treasury […]
International Monetary and Financial Committee (IMFC) Statement by Secretary of the Treasury Janet L. Yellen
As we gather in Washington, D.C. this spring, I look forward to reflecting on the policies that have supported global economic resilience, while remaining attentive to risks to the global economic outlook. The global economy has proven to be stronger and more resilient than expected, though some countries still face substantial challenges. Growth outcomes have […]