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09:45ET/14:45BST:Treasury Sec Yellen To Testify To Senate Banking Committee

US

09:45 ET 14:45 BST: Treasury Secretary Janet Yellen will testify to the Senate Banking, Housing, and Urban Affairs Committee at a hearing entitled: 'The Financial Stability Oversight Council Annual Report to Congress.'

  • A livestream of the hearing will be available here: LINK
  • Yellen will say: 'There is the potential for continued volatility and unevenness of global growth as countries continue to grapple with the pandemic. Russia’s unprovoked invasion of Ukraine has further increased economic uncertainty.'
  • CNBC: 'Her testimony before Congress on Tuesday will amount to a review of the Financial Stability Oversight Council’s 2021 report, which the Treasury Department published in December.'

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