Yellen’s comments come as Israel’s war cabinet is weighing how to respond to the attack in retaliation for an Israeli strike on an Iranian consulate…
U.S. Treasury Secretary Janet Yellen is preparing new sanctions on Iran after the country launched hundreds of drones and missiles at Israel.
Yellen's comments come as Israel's war cabinet is weighing how to respond to the attack in retaliation for an Israeli strike on an Iranian consulate in Syria. The U.S. has imposed hundreds of sanctions on Iran and its proxies in recent years for their connections to terrorism and its missile program. "Treasury will not hesitate to work with our allies to use our sanctions authority to continue disrupting the Iranian regime's malign and destabilizing activity," Yellen said in prepared remarks Tuesday at the International Monetary Fund and World Bank's."The attack by Iran and its proxies underscores the importance of Treasury's work to use our economic tools to counter Iran's malign activity.
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