US looking for more chances to reduce finance flow to Hamas, Yellen says

Published 10/26/2023, 07:58 PM
Updated 10/26/2023, 08:00 PM
© Reuters. U.S. Secretary of Treasury Janet Yellen arrives for a G20 finance leaders' meeting on the fifth day of the annual meeting of the International Monetary Fund and the World Bank, following last month's deadly earthquake, in Marrakech, Morocco, October 13, 2

(Reuters) - U.S. Treasury Secretary Janet Yellen on Thursday said the Biden administration is looking for more opportunities to reduce the flow of financing to Hamas in the aftermath of its attacks against Israel.

© Reuters. U.S. Secretary of Treasury Janet Yellen arrives for a G20 finance leaders' meeting on the fifth day of the annual meeting of the International Monetary Fund and the World Bank, following last month's deadly earthquake, in Marrakech, Morocco, October 13, 2023. REUTERS/Susana Vera/File photo

Yellen, in an interview with Bloomberg, said the administration has already taken a "large number" of steps to put sanctions against Hamas in place.

Yellen also said she is not seeing much so far in the way of consequences to the global economy from the conflict between Israel and Hamas, but she is monitoring developments closely.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.