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The Latest Breaking News from Janet Yellen

U.S. Treasury's Yellen to skip some G20 sessions, encourage pressure on Russia

U.S. Treasury Secretary Janet Yellen plans to skip some sessions of this week's G20 finance meeting in protest at Russia's assault on Ukraine and will urge International Monetary Fund and World Bank members to increase pressure on Moscow, two senior U.S. Treasury officials said on Monday.

Reuters

Russian finance minister to attend G20 meeting virtually, Indonesia says

G20 host Indonesia said on Thursday Russian Finance Minister Anton Siluanov had confirmed he plans to attend virtually next week's meeting of finance ministers and central bank governors from the Group of 20 major economies.

Reuters

China rejects 'pressure or coercion' over Russia relations

China says it will reject “any pressure or coercion" over its relationship with Russia

The Independent UK

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Yellen challenges China in ‘moment for choosing’ on world order

WASHINGTON — Treasury Secretary Janet Yellen has sketched out her vision for a new era of economic cooperation among nations that share key values and principles, in a sweeping speech that laid down a stern challenge to China.

Tribune News Service

Yellen talks tough on China, warning of fallout over Russia ties

WASHINGTON — Treasury Secretary Janet Yellen on Wednesday delivered a pointed warning to China on its alignment with Russia, suggesting potential economic consequences from the international community depending on how it approaches President Vladimir Putin’s invasion of Ukraine.

Tribune News Service

Top US official urges China to pressure Russia to end Ukraine war

Treasury Secretary Janet Yellen says China’s stance on Ukraine could hamper countries’ willingness to work with Beijing.

Al Jazeera

US Treasury Secretary warns China over its stance on Russia

Washington (AFP) - US Treasury Secretary Janet Yellen warned China on Wednesday that its lack of participation in the Western sanctions campaign against Russia could affect countries' willingness to work with Beijing.

AFP

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Yellen says China faces consequences if it fails to help stop Russia's war in Ukraine

U.S. Treasury Secretary Janet Yellen on Wednesday appealed to China to take action to help end Russia's war in Ukraine, warning in a landmark speech that Beijing's standing in the world would suffer if it fails to do so.

Reuters

Yellen to convene meeting on war-related food security issues next week

U.S. Treasury Secretary Janet Yellen on Wednesday said she was deeply concerned about the impact of Russia's war in Ukraine on global food prices and supply, noting that over 275 million people worldwide were facing acute food insecurity.

Reuters

Yellen: Don't help Russia evade sanctions, or else

A speech from the Treasury secretary puts Ukraine war at center of financial diplomacy.

Axios

Yellen: Nations flouting Russia sanctions face consequences

Treasury Secretary Janet Yellen warns that countries that undermine the sanctions the United States and its allies have imposed on Russia will face consequences

The Independent UK

Yellen to China: Help stop Russia's war in Ukraine or lose standing in the world

China should help end Russia's "heinous war" in Ukraine or face a loss of its standing in the world, U.S. Treasury Secretary Janet Yellen said on Wednesday, warning that those who seek to undermine Western sanctions face economic consequences.

Reuters

Crypto Outlook: Big Hack, Yellen Coming Around and Bitcoin to $500,000?

These were some of the key stories in the crypto markets this week.

The Street

Yellen Clarifies Government's Role in Crypto Regulation

Treasury Secretary says 'our regulatory frameworks should be designed to support responsible innovation while managing risks.'

The Street

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Benzinga

As We Build Towards Web3, We Need to Shift Our Focus Towards On-Chain KYC Solutions

As Web3 continues to develop, lawmakers and platforms are shifting their focus towards refining KYC, or know-your-customer, which serves as the barrier between Web3’s true calling for decentralization and centralized institution’s concerns for public good.

AFP

US Treasury secretary calls for improved cryptocurrency rules

Washington (AFP) - US Treasury Secretary Janet Yellen on Thursday called for increased oversight of cryptocurrencies, after President Joe Biden last month green-lit work on creating a digital American dollar.

Benzinga

Crypto Regulation Should Aim To Avoid Financial System Disruption: Treasury Secretary Janet Yellen

United States Treasury Secretary Janet Yellen expressed her ideas concerning the regulation of cryptocurrencies such as Bitcoin (CRYPTO: BTC) during a speech on digital assets policy at the American University in Washington.

The Independent UK

Yellen calls for crypto regulation to reduce risks, fraud

Treasury Secretary Janet Yellen says more government regulation is needed to police the proliferation of cryptocurrency and other digital assets and to ward off fraudulent and illicit transactions

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The Independent UK

US will boycott G20 meetings if Russia is allowed to attend, treasury secretary says

Treasury secretary Janet Yellen says Russia should be expelled from the Group of 20

Reuters

Yellen says Russia should be expelled from G20, U.S. may boycott some meetings

U.S. Treasury Secretary Janet Yellen said on Wednesday that Russia should be expelled from the Group of 20 major economies forum, and the United States will boycott some G20 meetings if Russian officials show up.

Tribune News Service

Yellen faces bipartisan pressure to toughen Russia sanctions

WASHINGTON — Treasury Secretary Janet Yellen was pushed by legislators from both sides of the aisle Wednesday to strengthen moves to cut off financial links with Russia, and was queried on the Biden administration’s readiness to impose sanctions on China in the event it moved aggressively toward Taiwan.

Al Jazeera

Russia-Ukraine live news: UN suspends Russia from rights council

Ukraine news from April 7: UN members vote 93-24 in favour of a resolution suspending Russia from UN human rights body.

The Independent UK

Yellen: Russia invasion will have 'enormous repercussions'

Treasury Secretary Janet Yellen is telling a House panel that Russia’s actions in Ukraine “will have enormous economic repercussions in Ukraine and beyond.”

Financial Times

Weaponisation of finance: how the west unleashed ‘shock and awe’ on Russia

The sanctions on Russia’s central bank use the omnipresence of the US dollar to penalise an American adversary

Asharq Al-Awsat

US Targets Russia's Technology Sector in Fresh Sanctions

The United States on Thursday imposed fresh sanctions on Russia, targeting the technology sector, a sanctions evasion network and what it called "malicious cyber actors" while paving the way to act against additional sectors in response to President Vladimir Putin's assault on Ukraine. "We will continue to target Putin's war…

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