Inaction on Ukraine aid is 'gift' to Putin, Iran, Yellen tells US Congress

Yellen urged House of Representatives Speaker Mike Johnson again to swiftly pass a $61 billion military and economic aid package for Ukraine.

US Treasury Secretary Janet Yellen testifies before a Senate Appropriations Financial Services and General Government Subcommittee hearing on President Biden's proposed budget request for the Department of the Treasury for fiscal year 2024, on Capitol Hill in Washington, US, March 22, 2023. (photo credit: REUTERS/Evelyn Hockstein/File Photo)
US Treasury Secretary Janet Yellen testifies before a Senate Appropriations Financial Services and General Government Subcommittee hearing on President Biden's proposed budget request for the Department of the Treasury for fiscal year 2024, on Capitol Hill in Washington, US, March 22, 2023.
(photo credit: REUTERS/Evelyn Hockstein/File Photo)

US Treasury Secretary Janet Yellen said on Thursday that Congress' inaction in approving new US aid to Ukraine is "nothing short of a gift" to Russian President Vladimir Putin, Iran and other adversaries as Ukrainian forces run short of ammunition to fight Russia's invasion.

In remarks at the start of a bilateral meeting with German economy minister Robert Habeck in Washington, Yellen urged House of Representatives Speaker Mike Johnson again to swiftly pass a $61 billion military and economic aid package for Ukraine. Members of Congress will gather at the US Capitol on Thursday evening for President Joe Biden's annual State of the Union address.

"As the House continues to stall, Russia is gaining ground and Ukraine is being forced to ration ammunition and supplies," Yellen said. "The House must act and show the strength of the US support for Ukraine in the face of Putin’s aggression. Congressional inaction is nothing short of a gift to Putin, Iran and other adversaries that stand against America and its allies."

Smoke rises from the site of a Russian missile strike that hit a water purifying station amid Russia's attack on Ukraine, in Kramatorsk, Ukraine, February 20, 2024. (credit: REUTERS/Vitalii Hnidyi)
Smoke rises from the site of a Russian missile strike that hit a water purifying station amid Russia's attack on Ukraine, in Kramatorsk, Ukraine, February 20, 2024. (credit: REUTERS/Vitalii Hnidyi)

Iran has supplied missiles, drones and other weapons systems to Russia.

Yellen also said that budget support for Ukraine would be conditioned on additional reforms in addition to already "robust" transparency and oversight.