{"id":105990,"date":"2024-06-16T18:05:43","date_gmt":"2024-06-16T18:05:43","guid":{"rendered":"https:\/\/lascrucestoday.com\/newstalklc\/treasury-secretary-janet-yellen-says-use-of-russian-assets-from-ukraine-is-not-theft-despite-putins-claims\/"},"modified":"2024-06-16T18:05:43","modified_gmt":"2024-06-16T18:05:43","slug":"treasury-secretary-janet-yellen-says-use-of-russian-assets-from-ukraine-is-not-theft-despite-putins-claims","status":"publish","type":"post","link":"https:\/\/lascrucestoday.com\/newstalklc\/treasury-secretary-janet-yellen-says-use-of-russian-assets-from-ukraine-is-not-theft-despite-putins-claims\/","title":{"rendered":"Treasury Secretary Janet Yellen says use of Russian assets from Ukraine is not ‘theft’ despite Putin’s claims"},"content":{"rendered":"
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Michael M. Santiago\/Getty Images<\/figcaption><\/figure>\n
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(NEW YORK) — Treasury Secretary Janet Yellen joined ABC News’ “This Week” to discuss the <\/span>$50 billion<\/span> loan to\u00a0<\/span>Ukraine<\/span><\/a>\u00a0from world leaders.<\/span>\u00a0<\/span><\/p>\n<\/div>\n

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The money will help Ukraine rebuild and stave off continued Russian offensives. The loan is\u00a0<\/span>backed by the profits<\/span><\/a>\u00a0of frozen Russian assets.<\/span>\u00a0<\/span><\/p>\n<\/div>\n

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After the announcement from the G7 conference, Russian President Vladimir Putin said the “theft” of Russian assets “will not go unpunished.” Yellen pushed back on that, saying “[the assets have] been impounded, the investments that Russia had have matured, so Russia’s funds are sitting in cash. But they’re generating income for the institution, which Russia has no claim on.”<\/span>\u00a0<\/span><\/p>\n<\/div>\n

\n

She added, “So there’s no legal issue here.”<\/span>\u00a0<\/span><\/p>\n<\/div>\n

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This is a developing story. Please check back for updates.<\/span><\/em>\u00a0<\/span><\/p>\n<\/div>\n

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\u00a0<\/span><\/p>\n<\/div>\n

Copyright \u00a9 2024, ABC Audio. All rights reserved.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Michael M. Santiago\/Getty Images (NEW YORK) — Treasury Secretary Janet Yellen joined ABC News’ “This Week” to discuss the $50 billion loan to\u00a0Ukraine\u00a0from world leaders.\u00a0 The money will help Ukraine rebuild and stave off continued Russian offensives. The loan is\u00a0backed by the profits\u00a0of frozen Russian assets.\u00a0 After the announcement fromRead More →<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[156,31,2],"tags":[273,271,276,274,270,123,275,133,124,272,102,103],"yoast_head":"\nTreasury Secretary Janet Yellen says use of Russian assets from Ukraine is not 'theft' despite Putin's claims - FM News Talk 92.7 \/ 1450AM KOBE<\/title>\n<meta name=\"description\" content=\"TALK, DONE RIGHT\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/lascrucestoday.com\/newstalklc\/treasury-secretary-janet-yellen-says-use-of-russian-assets-from-ukraine-is-not-theft-despite-putins-claims\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Treasury Secretary Janet Yellen says use of Russian assets from Ukraine is not 'theft' despite Putin's claims - 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