Yellen Discussed Russian Asset Seizure With European Leaders
- Says leaders see value of tapping ‘economic value’ of assets
- Treasury chief also urges House to pass aid bill for Ukraine
Janet Yellen
Photographer: Emily Elconin/BloombergThis article is for subscribers only.
Treasury Secretary Janet Yellen said she discussed the potential seizure of Russian assets with European leaders in recent days but had no progress to report on convincing key skeptics of the plan to move ahead.
“Everyone involved in these conversations sees the potential benefit of finding a way that’s legal, domestically and internationally, to tap the economic value of those assets on an ongoing basis to provide support for Ukraine,” Yellen told reporters Wednesday in Detroit.