We see them as vulnerable to sanctions. It is a place where sanctions works.
Janet Yellen
The Public Record
Janet Louise Yellen is an American economist currently serving as the 78th United States Secretary of the Treasury, a position she has held since January 26, 2021. She is a member of the Democratic Party and has a distinguished career in economic policy and public service. Yellen previously served as the Chair of the Federal Reserve from 2014 to 2018, becoming the first woman to hold that role. During her tenure at the Federal Reserve, she focused on issues such as unemployment and inflation, advocating for policies aimed at economic recovery following the 2008 financial crisis.
There are no requirements by Government that I am aware of to force anyone to lend for any particular project or not to lend to businesses that are involved in carbon-emitting activities.
So, of course, our finances need to be on a sustainable long-run path, and that is a very critical responsibility for all of us.
I think it is appropriate to designate institutions whose failure would pose a material risk to U.S. financial stability.
We are meeting at a hopeful moment for the economy, but still a daunting one.
Yes, and I am very focused on pursuing diversity and hiring to make sure that we do have diversity in the economics team at Treasury and throughout Treasury.
I think it is important to look very carefully at the risks posed by the asset management industry, including BlackRock and other firms.
I promise that we will work with you when our staff can be in contact with yours





