Yellen discusses economic strategies with UK's new Chancellor Reeves

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Yellen discusses economic strategies with UK's new Chancellor Reeves

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Janet Yellen Secretary of the Treasury | Twitter Website

U.S. Secretary of the Treasury Janet L. Yellen held a call with United Kingdom Chancellor of the Exchequer Rachel Reeves today, congratulating her on her historic appointment as the first female Chancellor of the Exchequer. Secretary Yellen underscored the significance of the U.S.-UK bilateral relationship.

The discussion between Secretary Yellen and Chancellor Reeves focused on their respective governments' economic strategies. Secretary Yellen highlighted the success of a modern supply-side economic approach in generating strong economic growth through historic investments in the United States.

Secretary Yellen also emphasized the importance of continued close coordination between the United States, the United Kingdom, and the G7 on various shared priorities. These include efforts to unlock immobilized Russian sovereign assets to support Ukraine's resistance and long-term reconstruction, collaboration in the Indo-Pacific region, and a unified approach to addressing issues in the Middle East.

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