US Treasury Secretary Janet Glenn said yesterday that President Joe Biden is not expected to withdraw tariffs on Canadian timber as part of a possible White House move to fight inflation to fight inflation. “As far as I know, this is not being considered, at least in the context of the president’s moves,” said Glenn, […]
Tag: Janet Glenn
Yellen: US in talks with its allies over a ceiling on Russian oil prices
LAST UPDATE: 21.17 The United States is in talks with Canada and other allies to further reduce Moscow’s energy revenues without affecting lower-income countries, US Treasury Secretary Janet Yellen said Monday. “We are talking about a price cap or price cut, (measures) that would strengthen the recent and proposed energy restrictions from Europe, the United […]
US DEPARTMENT: Certain tariffs in China serve no ‘strategic purpose’
US Treasury Secretary Janet Glenn said today that some tariffs in China inherited from the administration of former President Donald Trump serve “no strategic purpose” and added that President Joe Biden was considering them as a way to reduce inflation. what Reuters broadcasts. Another Biden government official, Energy Secretary Jennifer Granholm, added that the president […]
Jellen: Tariff cuts are not a ‘panacea’ for inflation
The United States may cut some tariffs on imports from China, but that does not constitute a “cure” for falling inflation, Finance Minister Janet Yellen said today. In particular, according to Reuters, speaking in the House of Representatives, Ms. Glenn said that the Biden government is considering how to restructure some of the tariffs imposed […]
US: ‘Inflation levels unacceptable’ in economy, says Janet Glenn
The United States is facing “unacceptable levels of inflation,” Treasury Secretary Janet Yellen told senators on Tuesday, adding that inflation was likely to remain high and she hoped price hikes would soon subside. At a hearing before the Senate Finance Committee, Glenn rejected Republican claims that the highest inflation recorded in 40 years was caused […]
US: Glenn denies pushing for smaller Biden relief plan in early 2021
Janet Glenn denied that she was in favor of a smaller US bailout plan out of the $ 1.9 trillion package proposed by the Biden administration and passed by Congress in early 2021, after an earlier copy of a book by the Treasury Secretary to fall by a third, according to Bloomberg. Her statement – […]
US: Treasury Secretary Yellen admits her mistake on inflation
US Treasury Secretary Janet Glenn said Tuesday that she had been wrong about inflation in the past, but stressed that tackling price increases was a top priority for President Joe Biden and he supported her actions. US Federal Reserve (Fed) in order to achieve the above goal. Asked by CNN if she herself had made […]
Yellen: The G7 will provide financial support to Ukraine
US Treasury Secretary Janet Yellen said today that her G7 counterparts had agreed to support Ukraine with the financial resources it needed in its fight against the Russian invasion, without confirming the $ 18.4 billion mentioned in its draft. jointly announced. Speaking to reporters after the first day of a meeting of G7 finance ministers […]
Glenn calls on allies to increase funding for Ukraine
US Treasury Secretary Janet Yellen today called on US allies to increase financial support to Ukraine, saying the funds announced so far would not be enough for the country’s short-term needs as it battles the Russian invasion. “Ukraine’s financing needs are significant,” she said, referring to comments she made at the Brussels Economic Forum, adding […]
Yellen parallels economic sanctions against Russia with freezing US Nazi assets
US Treasury Secretary Janet Gellen yesterday paralleled the economic pressure exerted by the US and its allies in Russia on the US Treasury Secretary’s efforts in the 1940s to deprive Nazi Germany of its financial resources. Speaking at the Polin Museum of Jewish History in Warsaw in Warsaw, Glenn said that in 1940, then-Finance Minister […]