U.S. Treasury Secretary Janet Yellen heads to International Monetary Fund and World Bank annual meetings next week in Morocco to press U.S. priorities including increasing the institutions' funding against a backdrop of political chaos in the U.S. Congress. The Treasury said on Friday that Yellen will work at the meetings in the city of Marrakech to push forward reforms of the World Bank and other multilateral development banks she launched a year ago to expand their missions beyond poverty reduction to help tackle climate change and other global challenges.
WASHINGTON - U.S. Treasury Secretary Janet Yellen heads to International Monetary Fund and World Bank annual meetings next week in Morocco to press U.S. priorities including increasing the institutions' funding against a backdrop of political chaos in the U.S. Congress.
A U.S. Treasury official also said Yellen would argue for countries and institutions at the meetings to provide as much funding as Ukraine needs to battle Russia's invasion. Representative Nikki Budzinski, an Illinois Democrat, said she was concerned about the image of "instability and chaos" at home as Yellen presses U.S. interests abroad.
"More broadly, across the range of issues, we just have to go in and talk to our partners," the official said. "They understand every country has its own politics, and everyone understands that, and so you just have to try to accomplish what you can and talk to your partners while you're there." Asked whether Yellen would meet Chinese officials while in Marrakech, the official declined to comment on her schedule of bilateral meetings.Russia has long hoped to triumph by continuing the war for so long that the West gets exhausted. Signs of that fatigue are starting to emerge.Trudeau's Montana holiday cost taxpayers much more than reported
Kevin McCarthy had allowed for the rule to be changed so a single House member could force a vote on him, which ultimately led to his ousting.
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