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Yellen says US can afford to support wars in both Ukraine and Israel

Treasury Secretary Janet Yellen said Monday that the United States has the means to help bankroll both the war in Ukraine and Israel’s war against Hamas.

Yellen, who is in Luxembourg for the Eurogroup finance ministers meeting, made the remarks during an interview with Sky News. She said that the U.S. government can “certainly” afford to assist the militaries of both Ukraine and Israel simultaneously. The U.S. has been backing Ukraine for over a year in its fight against Russia and is a stalwart ally of Israel, which is now embroiled in the most consequential conflict with Palestinian terrorists in decades.

Yellen reiterated U.S. support for Israel and said that the U.S. has made it clear that it is “working very closely with the Israelis” in their fight against Hamas, which began after terrorists invaded southern Israel and killed more than 1,200 Israelis, primarily civilians.

“America can certainly afford to stand with Israel and to support Israel’s military needs and we also can and must support Ukraine in its struggle against Russia,” Yellen said.

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