
U.S. Treasury Secretary Janet Yellen has expressed satisfaction with the passage of the 'Repo Act', which authorizes the U.S. to seize frozen Russian assets to aid Ukraine. Yellen also mentioned that ending the Trump tax cuts would free up billions of dollars for Ukraine and Israel. Additionally, she highlighted that the Treasury and National Economic Council are aligned on Russia sanctions, with potential new sanctions on Soviet ships being considered, while evaluating their impact on global oil markets. Yellen held a meeting with Israeli Foreign Minister Israel Katz at the NATO summit, discussing financial stability in the West Bank and emphasizing the importance of uninterrupted banking relations between Israeli and Palestinian banks. She also stressed that Israel must regularly transfer clearance revenues to the Palestinian Authority.
Foreign Minister Israel Katz met with US Treasury Secretary Janet Yellen at the NATO summit in Washington, where they discussed economic stability in the West Bank, Israeli media reported Thursday. https://t.co/yid4mtT8GG
⚠️ YELLEN SAYS CORRESPONDENT BANKING RELATIONS BETWEEN ISRAELI AND PALESTINIAN BANKS MUST REMAIN UNINTERRUPTED
⚠️ U.S. TREASURY'S YELLEN SAYS IN MEETING WITH ISRAELI FOREIGN MINISTER THAT ISRAEL MUST REGULARLY TRANSFER CLEARANCE REVENUES TO THE PALESTINIAN AUTHORITY -STATEMENT
