Photo: Janet Yellen, US Treasury secretary, speaks during a joint news conference alongside Chrystia Freeland, Canada's deputy prime minister and finance minister, in Toronto, Ontario, Canada, on Monday, June 20, 2022. Yellen said the US should work on shifting its dependence away from some rival nations for supplies of critical inputs as global supply-chain logjams have hurt the domestic economy. Janet Yellen, US Treasury secretary, speaks during a news conference on June 20, 2022.

U.S. Treasury Secretary Janet Yellen said her plan to limit Russia's oil earnings can overcome fears among potential partners that President Vladimir Putin may retaliate. "What I heard was concern about retaliation," Yellen said Monday in an interview en route to Seoul, South Korea, after attending a gathering of Group of 20 (G-20) finance ministers in Bali, Indonesia.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.