U.S. Treasury Secretary Janet Yellen called on Congress to “act quickly” to provide aid to Ukraine, warning that inaction would “hand a victory” to Russian dictator Vladimir Putin and have “unthinkable consequences” for the U.S. and its allies.
Yellen made these remarks at a meeting with European Commission Vice Presidents Margrethe Vestager and Valdis Dombrovskis on Jan. 31, Fox News reported.
“Europe has been a key partner in the effort to impose increasing costs on Russia through putting in place multiple sanctions packages, implementing a novel oil price cap, and cracking down on sanctions evasion,” said Yellen. “In Ukraine, our financial support is inextricably linked to success on the battlefield. It helps underpin Ukraine’s war effort. Simply put, we cannot allow Ukraine to run out of money before it runs out of ammunition.”
This support is not a charity but an investment in the national security of the U.S. and its allies. U.S. budget support “benefits from an unprecedented level of robust oversight and transparency – an issue of great importance to Congress and the Administration – and additional support would be conditioned on Ukraine making essential reforms.”
We will continue to urge Congress to act, and we are proud to stand alongside our European partners in this vital work,” she added.
Delay in U.S. assistance to Ukraine
The assistance from the U.S. to Ukraine is precarious due to the influence of former President Donald Trump on Republicans. Trump is demanding the party reject a compromise on immigration legislation in Congress.
Trump’s stance, aiming to centralize immigration in his critiques against Biden for the 2024 elections, contrasts with Senate Republicans who support Ukrainian aid. Senate Repulicans hope to convince Trump to not oppose a meticulously negotiated package that includes military aid and border security reforms.
The U.S. Senate approved a deal on border limitations with Mexico on Jan. 26. President Biden called on Congress to pass a bipartisan bill on border security with Mexico, which also includes continued support for Ukraine, promising to use new powers to secure the border as necessary upon signing the Bill.
A Bill for funding assistance to Ukraine, Israel, and Taiwan, totalling approximately $106 billion, failed a procedural vote in the Senate on Dec. 6 due to Republican demands for stricter immigration policies, tying the strengthening of its border with Mexico to aid for Ukraine and Israel. News Voice of Ukraine
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