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U.S. can ‘certainly’ afford military support to both Israel and Ukraine, Janet Yellen says

  • Janet Yellen, the U.S. Treasury Secretary, stated that the United States can afford to support both Israel and Ukraine in their conflicts. She emphasized that it is a priority to provide funds for both countries.
  • Yellen acknowledged that it is too early to determine the economic consequences of the Israel-Hamas conflict, especially with the volatility of oil and natural gas prices. She called for international efforts to avoid the hostilities extending beyond Israel and Gaza.
  • Yellen urged Republicans in the House to fill the vacancy left by the removal of House Speaker Kevin McCarthy, in order to ensure greater financial support can be provided. She emphasized the need for collaboration to address the energy-driven cost of living crisis.
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US Treasury Secretary Janet Yellen has said her country can “absolutely” afford to financially support both Israel and Ukraine in their war effort, CNBC reports. President Joe Biden on Sunday reiterated Washington's “unwavering support” for Israel in its war against Hamas terrorists and said he had given Israeli Prime Minister Benjamin Netanyahu an update on both U.S. military support and efforts to protect civilians as the conflict intensifies.

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  • 44% of the sources are Center
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The Daily Caller broke the news in Washington, United States on Monday, October 16, 2023.
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