Yellen affirms US support for Israel and Ukraine amid funding concerns
- Yellen said the US can financially support conflicts in both Israel and Ukraine despite some Congressional opposition.
- The Biden administration is pushing for emergency funding for military aid to Israel and Ukraine.
- Yellen urged House Republicans to elect a new speaker quickly to pass crucial aid legislation.
- The economic impact of the Israel-Hamas conflict remains uncertain, especially regarding oil prices and potential escalation.
- The US and EU are collaborating to impose costs on Russia and address ties with China amid the Ukraine conflict.