Treasury Secretary Yellen: Banking system remains sound. | Forexlive

US Treasury Secretary Yellen is a speaking and says:

• US banking system remains sound and we will take necessary steps to ensure US financial system is strongest in that safest in the world
• China’s economic growth need not be incompatible with US economic leadership
• China’s no limits partnership and support for Russia is a worry some indication that it is not serious about ending the war in Ukraine
• US will make clear that consequences of any violations of sanctions on Russia by Chinese companies would be severe
• Will continue to impose sanctions on Chinese officials, companies over human rights abuses
• Does not seek to decouple US Chinese economies

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