Janet Yellen to lay out U.S. economic plan toward Indo-Pacific report

News Snapshot:

Treasury Secretary Janet Yellen is slated to give a speech on Thursday regarding the Biden administration's economic strategy toward the Indo-Pacific region, CNN reported Monday, citing a Treasury Department official. The planned remarks before the Asia Society will allow Yellen to emphasize that deeper economic ties with the region would bolster U.S. national security, as well as benefit the country's communities and drive growth across the region. The news comes in the wake of elevated geopolitical tensions. In addition to the Israel-Hamas and Russia-Ukraine wars, China and its neighbors like the Philippines were said to have seen rising tensions. In...