US Deputy Treasury Secretary Wally Adeyemo said that the strength of the US economy ultimately determines the role of the dollar in the global economy.
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Deputy Treasury Secretary Wally Adeyemo speaks alongside from left, Brian C. Turner, FBI associate deputy director, Deputy Attorney General Lisa Monaco, during a news conference at the Justice Department, Jan. 18, 2023, in Washington (AP)
During a panel discussion with the Council on Foreign Relations on Friday, US Deputy Treasury Secretary Wally Adeyemo stated that the strength of the US economy prevents it from being undermined by the implementation of sanctions.
“My view about this question of whether the use of sanctions is going to lead to some challenges to the dollar is that the thing that’s going to matter to the dollar’s role in the global economy is the strength of our economy ultimately … I feel good about the…
