Treasury Secretary Janet YellenJanet Louise YellenOn The Money: White House counters with .7 trillion infrastructure proposal, GOP unimpressed | USDA to start loan forgiveness for thousands of minority farmers On The Money: Biden tries to navigate bumpy recovery | Jobless claims hit another post-pandemic low | Treasury calls for 15 percent minimum global tax Overnight Energy: Biden signs order directing studies of climate-related financial risks | Biden administration takes step toward light bulb efficiency standard MORE is slated to make her first overseas trip since being confirmed next month to attend a meeting of the Group of Seven (G-7) finance ministers in London, the department announced Monday.
The meeting of finance officials in the G-7, a group of industrial countries, will take place in London on June 4 and June 5. Prior to traveling to London, Yellen will participate in a virtual meeting with G-7 finance ministers and central bank governors, Treasury said in a statement.
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“While in London, Secretary Yellen will reinforce the U.S. commitment to policy priorities to promote the global recovery from the COVID-19 pandemic including supportive fiscal policies, vaccine access, and distribution,” Treasury said. “She will also discuss with her G7 partners the importance of improving public health to prevent future pandemics and building greener and more resilient economies to meet the challenges of climate change.”
Yellen has been making multilateral discussions a priority as Treasury secretary. One of Yellen’s top agenda items is to reach an agreement with other countries on a global minimum corporate tax rate.
Later in June, President BidenJoe BidenHarris to 2021 grads: Pandemic prepared you for ‘pretty much anything’ Senate Armed Services chair throws support behind changing roles of military commanders in sexual assault prosecutions Biden adviser says reducing red meat isn’t sole climate change solution MORE is expected to make his first overseas trip since his inauguration to attend a G-7 summit in the United Kingdom and a NATO summit in Belgium.