Business Maverick: Yellen Makes Surprise Visit to Ukraine to Reinforce US Support

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US Treasury Secretary Janet Yellen made an unannounced trip to Ukraine to reinforce the Biden administration’s support and highlight the economic aid that’s helping keep the embattled nation’s schools, hospitals and other essential services running as ...

Coming a week after President Joe Biden’s surprise visit to the capital, Yellen’s trip — arriving by train Monday under similar secrecy — is intended both to emphasize globally Washington’s commitment to Ukraine and demonstrate back home why the country needs billions of dollars in non-military aid.

Yellen, who entered the capital Kyiv as sirens still sounded after overnight Russia drone attacks across the country, met with President Volodymyr Zelenskiy and Prime Minister Denys Shmyhal. She later visited with teachers and administrators at a school damaged by a missile strike in the first month of the war, whose salaries are funded with direct budgetary assistance from the US.

Yellen also laid a wreath at a memorial wall in honor of those who died in the war, and spent several minutes looking at destroyed tanks and artillery on display. Yellen has praised the Ukrainian government for its work over the past year and its focus on fighting corruption, saying Monday that Zelenkiy’s commitment to using international assistance responsibly is “essential.” The government’s competence in managing finances and the economy “is, frankly, exemplary,” she said in the interview.

 

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