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Banking, Economy

“Yellen’s latest trip helps set a new normal for the U.S.-China relationship”

“…“My purpose is to make sure we don’t engage in a series of unintended escalatory actions that will be harmful to our economic relationship with one another,” Yellen said in an interview that aired Saturday on CBS News’ “Face the Nation.”…”

https://www.cnbc.com/2023/07/10/yellens-latest-trip-helps-set-a-new-normal-for-us-china-ties.html

What? This is counter to BOTH the Biden Administration and former Trump administration stance on China. Why is a banker going against the interest of the U.S. government?

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