[Rockstar]

She actually said this while we are running deficits over $2 trillion per year.

Janet Yellen: US Treasury secretary says 'We can certainly afford two wars' then proceeds to divert attention from increasing debts to Republicans not having a permanent Speaker.

We’re stuck with it anyhow that’s for sure. First comes the boom then the bust. And by the way legislation will still happen with or without a permanent Speaker she should know that. In fact the legislation she’s talking about has already been introduced on October 10th and has a 86 percent chance of passing.


Janet Yellen: America can certainly afford two wars, US Treasury secretary says

In an exclusive interview, Janet Yellen urges Republicans to appoint a new House of Representatives speaker to enable greater financial support to be agreed for both Israel and Ukraine.


James Sillars
Business reporter @SkyNewsBiz

Janet Yellen has told Sky News the United States can "certainly" afford wars on two fronts, as the conflict between Israel and Hamas threatens stability in the Middle East and the US continues to support Ukraine's fight against Russia.

Talking exclusively to Wilfred Frost ahead of a meeting of finance ministers in Luxembourg, the US Treasury secretary said the economy and public finances were in good shape to ensure backing for US interests abroad.

She said it remained too early to understand the economic ramifications of the latest conflict, with oil and natural gas prices remaining volatile amid growing concerns of a wider war in the Middle East.

Those elements were key factors behind the energy-driven cost of living crisis that started facing Western economies last year.

She pointed to a big easing in inflation but appealed for Republicans to fill the void left by the removal from office of House of Representatives speaker Kevin McCarthy, in order for greater financial support to flow.

"We do need to come up with funds, both for Israel and for Ukraine. This is a priority", Ms Yellen said.

"It's really up to the House to find, seat a speaker and to put us in a position where legislation can be passed."

She added: "We stand with Israel. America has also made clear to Israel, we're working very closely with the Israelis, that they have a right to defend themselves. But it's important to try to spare innocent civilian lives to the maximum extent possible.

"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."

Ms Yellen's remarks followed her visit to the IMF/World Bank conference in Morocco last week when the much-discussed topic was the potential ramifications of the Israel-Hamas conflict.

Iran has warned Israel against a full-scale ground operation in Gaza in response to the Hamas incursion over a week ago.