U.S. Treasury Secretary Janet Yellen testifies before the House Financial Services Committee regarding the department’s annual report on the international financial system, on Capitol Hill in Washington, on July 9.U.S. Treasury Secretary Janet Yellen faces questions from G20 finance leaders this week over U.S. policy commitments after President Joe Biden dropped his re-election bid and as international angst grows about a potential return of Donald Trump to the White House.
But questions over the continuity of U.S. policies in the wake of Biden’s decision will be high on the minds of G20 officials at the meetings, participants and analysts said. Such questions will likely come up in Yellen’s private conversations, but not likely the formal G20 sessions on the global economy, debt restructurings, climate, and taxation, said Josh Lipsky, senior director of the Atlantic Council’s GeoEconomics Center in Washington.“She can say we are focused on the policy – fully – and we’ll let the politics play out, but no one should question the future of U.S.
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