U.S. Treasury Secretary Becerra will attend the G7 finance leaders' meeting, follow trade issues.

GateUser-6433627c · 2025-05-19T02:10:35+00:00

U.S. Treasury Secretary Janet Yellen will attend the G7 finance leaders' meeting to follow trade issues and strive to refocus the G7 on addressing trade imbalances and non-market economic behaviors. In addition, she will explore how to promote more rise driven by the private sector, advocating for "re-privatization" of the U.S. economy through cuts in government spending and regulation. Although discussions were held with G7 finance leaders during the IMF and World Bank meetings in April, no joint statement has yet been issued.

GateUser-6433627c

2025-05-19 02:10:35

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[US Treasury Secretary Becerra to Attend G7 Finance Leaders Meeting, Follow Trade Issues] A spokesperson for the US Treasury Department stated on Sunday that Treasury Secretary Becerra will attend the G7 finance leaders meeting held in Canada this Tuesday and will seek to refocus the G7 on addressing trade imbalances and non-market economic behaviors. The spokesperson also mentioned that Becerra will discuss with these officials how to achieve more growth driven by the private sector. Becerra also vowed to “reprivatize” the US economy by cutting government spending and regulation, arguing that the US economy is too reliant on the public sector to drive growth. Becerra had his first face-to-face discussions with G7 finance leaders during the International Monetary Fund (IMF) and World Bank meetings in April, but no joint statement was issued. ( Jin10 )

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