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US Treasury Secretary Issues $34,000,000,000,000 Alert, Warns Countries Seeking Transactions That ‘Don’t Involve the Dollar’

US Treasury Secretary Issues $34,000,000,000,000 Alert, Warns Countries Seeking Transactions That ‘Don’t Involve the Dollar’


The Daily Hodl
2024-07-21 00:04:40

US Treasury Secretary Janet Yellen says America’s foreign policy is pushing countries to find alternatives to the US dollar. In new testimony before the House Financial Services Committee, Yellen says America’s increasing use of sanctions to freeze assets of sovereign nations drives countries away from the world’s reserve currency. “In the realm of sanctions, we The post US Treasury Secretary Issues $34,000,000,000,000 Alert, Warns Countries Seeking Transactions That ‘Don’t Involve the Dollar’ appeared first on The Daily Hodl .


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