US lawmakers have urged Treasury Secretary Janet Yellen to investigate six Chinese companies accused of helping Iran bypass sanctions. They say these firms pose national security risks by supporting Iran's military and energy sectors, indirectly funding hostile actions through billions in US
US Treasury Secretary Janet Yellen and Chinese Vice Premier He Lifeng on Monday engaged in discussions on macroeconomic developments in both nations. Yellen during her discussions also addressed several US concerns, including China's non-market policies.
In a letter addressed to US Treasury Secretary Janet Yellen, they highlighted the city's growing role as a financial hub for the China (PRC), Iran, Russia, and North Korea nations under heavy international sanctions
During the meeting, Yellen told Chinese officials that their industrial overcapacity, especially in green energy sectors, threatens American production of electric vehicles and solar panel parts.
The meeting centred on G20 priorities and explored avenues for enhancing bilateral cooperation between the two democratic nations to tackle pressing global economic and financial challenges.
In order to fast-track its energy transition, the United States (US) is working with India on an investment platform to deliver a lower cost of capital and increased private investment, US Treasury Secretary, Janet Yellen said on Monday.
US Treasury Secretary Janet Yellen on Monday said that Washington appreciates India's leadership during its G20 Presidency and appreciated New Delhi's demonstrated leadership on debt issues.
Addressing a press conference after meeting with US Treasury Secretary, Janet Yellen the Finance Minister Nirmala Sitharaman said, "I look forward to furthering our bilateral interests through development cooperation and new investment opportunities through alternate investment platforms
“Friendshoring is an important foundation of our approach to increasing resilience of our supply chains, and we see India as an indispensable partner in that and I hope to use this trip to deepen what is already a significant relationship with respect to friendshoring that the US an
US Treasury Secretary Janet Yellen faces the tough job of stabilizing fractious US-China relations that worsened this week after China retaliated in a tech war with the United States, CNN reported.