U.S. Treasury Secretary Janet Yellen is scheduled to testify before the House Financial Services Subcommittee, addressing critical issues related to the state of the international financial system and the U.S. economy. This annual hearing provides a platform for Secretary Yellen to outline the Treasury’s ongoing efforts to ensure economic stability and respond to emerging financial challenges.
During the hearing, Secretary Yellen is expected to discuss the administration’s response to recent economic crises, including the collapse of notable financial institutions and the impact of international sanctions. Key topics will likely include regulatory measures aimed at bolstering financial stability, the progress made under the American Rescue Plan, and the Inflation Reduction Act. Additionally, Yellen will highlight the Treasury’s initiatives to address global challenges such as climate change and food security, reaffirming the U.S. commitment to international cooperation through organizations like the IMF and World Bank .
The session will also provide an opportunity for lawmakers to question Yellen on various issues, including the Treasury’s strategies for managing inflation, promoting sustainable economic growth, and implementing sanctions against geopolitical adversaries
Ranking Member Waters Delivers Opening Statement During Full Committee Hearing with Treasury Secretary Janet Yellen: “The Biden Administration and Democrats Have Shown What Happens When You Deliver Legislation That Puts Working Families First.” | U.S. House Committee on Financial Services Democrats
Hybrid Hearing Entitled: The Annual Testimony of the Secretary of the Treasury on the State of the International Financial System | Financial Services Committee
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