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US President Joe Biden's administration is "firmly committed" to seeking more budget support for Ukraine, Treasury Secretary Janet Yellen told key EU officials Wednesday, despite Congress remaining in gridlock.Speaking at the start of a Washington meeting with EU executive vice presidents Margrethe Vestager and Valdis Dombrovskis, she added that Congress must act quickly to reach a deal.
U.S. Treasury Secretary Janet Yellen reiterated in a video call with Ukrainian Prime Minister Denys Shmyhal on Jan. 23 that the Biden administration is committed to securing $11.8 billion in direct budget support to Ukraine as part of the national security supplemental request before Congress.
WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen reassured Ukrainian Prime Minister Denys Shmyhal on Tuesday that the Biden administration was committed to securing $11.8 billion in budget support to Kyiv as part of a supplemental U.S. funding request. The Treasury said in a statement following a virtual meeting between the two officials that Yellen "underscored the importance of Congress acting on financial support for Ukraine as quickly as possible." The Biden administration's supplemental budget request for another $61 billion for Ukraine, including the budget support and $30 billion for the U.S. Department of Defense to supply Ukraine with weapons and other support, has been bogged down for months in Congress, as Republicans demand that it be paired with changes to increase security controls on the U.S.-Mexico border.