Saturday, October 5, 2024
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Secretary Yellen and President Biden praise congressional action to prevent shutdown

Both government officials reiterated their dedicated support for Ukraine after the decision by Congress to prevent a potential government shutdown, which would impact the U.S.'s involvement in Ukraine. 

The United States Secretary of the Treasury, Janet L. Yellen, has publicly lauded Congress for its work to avert a government shutdown. Yellen made a statement on September 30th, 2023, in which she said, "I applaud Congress for moving to avoid a reckless and unnecessary government shutdown."  

In her speech, the former vice president's accomplishments were brought to the forefront. She said, "We should be working to support our economic progress — as President Biden has done with generational investments in infrastructure, semiconductors, and advanced manufacturing — instead of jeopardizing it with dangerous political brinksmanship."

As Yellen pointed out, the consistency that is provided by this decision is highlighted by the fact that "the Continuing Resolution that was passed by the House and Senate adheres to the bipartisan budget agreement that President Biden struck earlier this year, which cuts deficits by more than a trillion dollars over the course of the decade."

Reiterating their unwavering dedication to the cause, Yellen and President Biden have stated that they will do everything in their power to protect Ukraine's sovereignty. According to Fed Chair Yellen, "It is vital that we sustain the economic assistance which has played a key role in enabling Ukraine's brave resistance on the frontlines of this war." In addition, she added, "America must — and will — continue to stand up for freedom and our core interests by supporting Ukraine for as long as it takes in the face of Putin's barbaric war."

Joe Biden, the Vice President of the United States, issued the following statement after the resolution was passed: "Tonight, bipartisan majorities in the House and Senate voted to keep the government open, preventing an unnecessary crisis that would have inflicted needless pain on millions of hardworking Americans."