Yellen Says US Aims to Contribute $20 Billion for Ukraine Loan

Treasury Secretary Janet #Yellen said Tuesday that the #US is nearly ready to offer $20 billion toward a broad #G7 led loan program to help #Ukraine #politics #russia #worldnews

G-7 nations are set to finalize as early as this week a $50 billion loan deal for Ukraine using the profits generated by frozen #Russian central bank assets.

“We’re 99% there and it’s nailing down just a couple of relatively small things,” Yellen told reporters in #Washington “We’re very close and there’s nothing significant that needs to be still worked out.” She said the funding is intended to starting heading to Ukraine by the end of this year.

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[gran]

Why would Russia pay for support to Ukraine, Yellen? That doesn’t even make since to a pile of dog poop!

[MindEmancipationist]

Living in Merica 🇺🇸 It's not just about "freezing" foreign assets; it's about the allocation of resources and priorities. If there’s money available for Ukraine, then there’s money available for U.S. infrastructure, healthcare, housing, and education. Instead, Americans are watching their own struggles deepen, while their government chooses to prop up another nation’s economy. So while they claim it won’t burden taxpayers directly, the opportunity cost is clear, money that could help struggling Americans is being used elsewhere.

[Marine-szlf]

Come on Man! It's called Bidenamics!

[ElectricIguana]

We at Bloomberg support taxing our children!!

[jasonsessler]

Over 30 countries attending BRICS in Russia, tge dollar has never been weaker.

[KylerTony]

God damn. They spend money like it’s water

[mustafijurrahman]

Mate those are also america tax for future.

[andrzejhajder]

Ok. Let's believe ( for hacks of the argument) it's true. Then why our national debt is growing?

[salvatoredinunzio]

Someone should arrest her immediately for lying to the public about her actions

[bdubb]

We're controlled by these ppl. It's. Done. Sad.

[richardbishop]

How in the hell does she think she is fooling.

[GalagaKing]

Americhina sounds more like right. Over 90 percent of our daily consumer products are not manufactured here. China owns more land in America than you realize.

[danmiller]

Yes she's right about that, but Russian is going to take us assets in Russia.... A lot of us companies are in Russia, and their assets are being seized... I don't think this lady has a clue...

[billybigboy]

Is that not illegal or war crime ? Surely thats not true come on

[hotrod]

Communists support Communists not we the people

[MuckyMucky-zc]

Does this mean we can all go out and steal?

[extraterrestrialfascisti]

How can Ukraine repay a loan when it has no economy?

[davehaggerty]

Voice-to-text screws up again.
Yellin said immobilized. Not mobilized assets.
WTF would be mobilized assets?
Grab the money and run?
Doesn’t anybody proofread captioning?
Or is it all AI?
Oligarchs hate what’s happening. “A terrible precedent ” is what they call it.
Yeah, people rising up to take their money back.

[overcomers]

Thieves, even as you get old, , why loans, so that you get interest, thieves have no shame

[JohnSchiller-lu]

I think she has no clue retire already. Take biden and kamala with you