The US has broken off high-level contacts with Russia
Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell walked out of a Group of 20 meeting on Wednesday when the Russian representative began talking.
A source told the Insider that multiple finance ministers and central bank governors walked out of the meeting with Yellen and Powell. Other officials who attended the meeting virtually shut off their cameras when the Russian representative started speaking.
The walkout led by Yellen was coordinated before the meeting, according to Reuters. Ahead of this week’s World Bank and IMF meetings, a Treasury official said Yellen was expected to avoid events that Russian officials were attending.
