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Yellen tells EU’s Dombrovskis ‘further stronger measures’ needed on Russia -Treasury

Treasury Secretary Janet Yellen and Federal Reserve Chair Jerome Powell testify ahead of a joint Senate Banking Committee hearing on oversight of the Treasury Department and the Federal Reserve on Capitol Hill in Washington.
FILE PHOTO: Treasury Secretary Janet Yellen pauses during testimony ahead of a Senate Banking Committee joint hearing on oversight of the Treasury Department and the Federal Reserve on Capitol Hill in Washington, U.S., November 30, 2021. REUTERS / Elizabeth Frantz

March 1, 2022

WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Tuesday told European Commission Executive Vice President Valdis Dombrovskis that cooperation was needed on “further stronger measures” to deal with the virus. Russia’s invasion of Ukraine following unprecedented sanctions, the US Treasury Department said.

“Secretary Yellen affirms the United States’ support for Ukraine’s sovereignty, working alongside our partners to hold Russia accountable,” the Treasury Department said in a statement after the call. between US and EU officials.

(Reporting by David Lawder; Editing by Leslie Adler)

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Caroline Bleakley

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