Elvira Nabiullina, Bank of Russia representing President Putin VS Janet Yellen, US Sec of the Treasury representing President Biden
• Says leaders see value of tapping ‘economic value’ of assets
• Treasury chief also urges House to pass aid bill for Ukraine
Yellen had lunch with ECB President Christine Lagarde Monday in Washington and met with German Chancellor Olaf Scholz last week alongside President Joe Biden.
“These are topics I’ve discussed,” she said. “I’m not going to elaborate on private conversations, but all of us recognize that an ongoing, committed support for Ukraine is essential.”
Oh … and lest I forget about the “on the other hand” ….“There are a range of risks involved and potential adverse repercussions, and we’re studying those very carefully and thinking through how these can be mitigated,” Yellen said