Category: Janet Yellen China

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Treasury Secretary Yellen: BRICS Currency Won’t Threaten US Dollar Dominance

July 10, 2023

U.S. Treasury Secretary Janet Yellen has stated that she does not see the U.S. dollar’s dominance being threatened by any development, including the proposed BRICS currency. Yellen stressed that all the data of which she is aware shows that the dollar is overwhelmingly used in international transactions, emphasizing: “I don’t think that there is an…
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US Treasury Secretary Yellen: Decoupling From China Would Be ‘a Big Mistake’

June 15, 2023

U.S. Treasury Secretary Janet Yellen has warned that despite some human rights concerns that need to be addressed, ceasing trade with China would be a “big mistake” for the U.S. “De-risk? Yes. Decouple? Absolutely not,” she stressed, adding that the outcome of decoupling from China would be “disastrous.” Yellen Warns Against Decoupling From China U.S.…
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