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10:00ET/15:00BST: Treasury Sec Yellen To Testify Before House Committee

US

10:00 ET 15:00 BST: Treasury Secretary Janet Yellen will deliver the 'Annual Testimony of the Secretary of the Treasury on the State of the International Financial System' to the House Financial Services Committee.

  • A livestream of the testimony can be followed: here.
  • Yellen will be asked about the repercussions of Russia sanctions and the prospect of a US recession.
  • NYT: 'Ms. Yellen will make clear that the United States has no intention of easing the economic pressure it is exerting on Russia through sanctions on its central bank, financial institutions and leaders.'
  • Yellen's prepared remarks can be read in full here: https://financialservices.house.gov/uploadedfiles/...
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