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Report Video IssueSenator Kennedy Clashes with Secretary Yellen Over Aid to Poor Countries
2021-03-24T11:37:01-04:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvMWI3XC8yMDIxMDMyNjA4MzIxNjAwMl9oZC5qcGciLCJlZGl0cyI6eyJyZXNpemUiOnsiZml0IjoiY292ZXIiLCJoZWlnaHQiOjUwNn19fQ==During a Senate Banking Committee hearing, Senator Kennedy (R-LA) and Treasury Secretary clash over her backing new allocations of the IMF's Special Drawing Rights (SDR), or financial assistance to boost liquidity for poor countries. Senator Kennedy asks why the U.S. would borrow $180 billion to give money away to poor countries. Secretary Yellen pushes back on that figure, saying she's not sure where he got the $180 billion figure from. The two agree to discuss the matter further offline.
During a Senate Banking Committee hearing, Senator Kennedy (R-LA) and Treasury Secretary clash over her backing new allocations of the IMF's… read more
During a Senate Banking Committee hearing, Senator Kennedy (R-LA) and Treasury Secretary clash over her backing new allocations of the IMF's Special Drawing Rights (SDR), or financial assistance to boost liquidity for poor countries. Senator Kennedy asks why the U.S. would borrow $180 billion to give money away to poor countries. Secretary Yellen pushes back on that figure, saying she's not sure where he got the $180 billion figure from. The two agree to discuss the matter further offline. close
People in this video
- Sherrod Brown U.S. Senator (Class 1) [D] Ohio
- Catherine Cortez Masto U.S. Senator (Class 3) [D] Nevada
- Kevin Cramer U.S. Senator (Class 1) [R] North Dakota
- Mike Crapo U.S. Senator (Class 3) [R] Idaho
- Steve Daines U.S. Senator (Class 2) [R] Montana
- John Neely Kennedy U.S. Senator [R] Louisiana
- Bob Menendez U.S. Senator (Class 1) [D] New Jersey
- Jerry Moran U.S. Senator (Class 3) [R] Kansas
- Jay Powell Chair Federal Reserve->Board of Governors
- Jack Reed U.S. Senator (Class 2) [D] Rhode Island
- Mike Rounds U.S. Senator (Class 2) [R] South Dakota
- Richard C. Shelby U.S. Senator (Class 3) [R] Alabama
- Tina Smith U.S. Senator (Class 2) [D] Minnesota
- Jon Tester U.S. Senator (Class 1) [D] Montana
- Thom Tillis U.S. Senator (Class 2) [R] North Carolina
- Pat Toomey U.S. Senator (Class 3) [R] Pennsylvania
- Chris Van Hollen U.S. Senator (Class 3) [D] Maryland
- Elizabeth Warren U.S. Senator (Class 1) [D] Massachusetts
- Janet L. Yellen Secretary Department of the Treasury
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Senator Kennedy Clashes with Secretary Yellen Over Aid to Poor Countries
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