U.S. Treasury Secretary Janet Yellen said that the federal department she oversees has imposed more than 2,500 Russia-related sanctions following Moscow’s full-scale invasion of Ukraine last year.
“We have degraded the Kremlin’s ability to replace more than 9,000 pieces of heavy military equipment that it has lost on the battlefield. We have also stabilized global energy markets and cut into the Kremlin’s revenues by implementing innovative caps on the price of Russian oil,” Yellen said in opening remarks before the Senate’s Financial Services and General Government subcommittee.
Ukrainian Presidential Press Service | via Reuters
Yellen also referenced her visit to Kyiv in February, where she met with Ukrainian President Volodymyr Zelenskyy and other Ukrainian officials.
“As part of a broad coalition, we are responsibly disbursing vital economic assistance to Ukraine,” Yellen said. She added that “in my visit to Kyiv a month ago, Ukrainian officials told me firsthand about the critical impact of our work.”
— Amanda Macias
Source : CNBC