Yellen Faces Bipartisan Pressure to Toughen Russia Sanctions
- Says U.S. wants Russia out of G-20 April finance meeting
- Treasury Secretary also urged to warn China over Taiwan
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Treasury Secretary Janet Yellen was pushed by legislators from both sides of the aisle Wednesday to strengthen moves to cut off financial links with Russia, and was queried on the Biden administration’s readiness to impose sanctions on China in the event it moved aggressively toward Taiwan.
In a three-plus hour hearing at the House Financial Services Committee, Yellen got an earful of concerns -- and voiced many of her own -- about the two largest global rivals to the U.S.