Exclusive: US Treasury Secretary Janet Yellen

Amanpour

CNN

News

4.1 • 1K Ratings

🗓️ 20 January 2023

⏱️ 56 minutes

🔗️ Recording | iTunes | RSS

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Summary

The US has spent billions and billions so far in Ukraine, but future government spending is all up in the air right now – not just over Ukraine, but also at home, as America has now reached its debt limit and risks a potentially catastrophic default. Social security payments, veteran’s pensions, and more are all at risk. Treasury Secretary Janet Yellen says “extraordinary measures” are now in use to delay default, and she’s calling on lawmakers to “act promptly” to protect the full faith and credit of the United States. Yellen met this week with China’s vice premier in Zurich, before traveling to Africa, where she is hoping to expand US trade there. Christiane speaks with Yellen about all of this in an exclusive interview. Also on today's show: Dr. Henry Marsh, Author, And Finally; Karen Bass, Los Angeles Mayor; Jacinda Ardern, New Zealand Prime Minister (archived interview). To learn more about how CNN protects listener privacy, visit cnn.com/privacy Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	Hello and welcome to Ammonpour. Here's what's coming up.
0:08.0	We would certainly experience at a minimum a downgrading of our debt. If that happened
0:16.5	our borrowing costs would increase and every American would see that their borrowing costs would increase as well.
0:25.8	The U.S. has hit its debt limit and the global economy braces for impact of a potential default.
0:32.1	Treasury Secretary Janet Yellen lays out the stakes in an
0:35.3	exclusive interview from Senegal. Then a brain surgeon's quest in Ukraine. Dr.
0:41.1	Henry Marsh tells me about his visit to Kyiv and how he himself is grappling
0:46.5	with his own mortality. Plus, I just don't think that people should have to live on the streets
0:52.3	in the United States of America.
0:54.0	Los Angeles's new mayor, Karen Bass, tells Michelle Martin her plans to tackle the
0:59.0	mega city's persistent problem with homelessness.
1:02.3	And finally, you can have a family and be in these roles.
1:05.5	You can lead in your own style.
1:07.4	New Zealand's Prime Minister Descend to Ardern says she has no regrets
1:12.0	over calling it quit suddenly.
1:14.3	We look back at some of Chris John's most memorable conversations
1:18.5	with the trailblazing leader. Welcome to the program. I'm Sarah Seidner in New York sitting in for Christian
1:37.5	Amanpour. Western governments have sent Ukraine all sorts of weapons to
1:42.0	help its fight against Russia.
1:43.7	But if you ask President Valetto Mayor Zolinsky,
1:46.7	there's something important missing, tanks.
1:49.8	Top defense officials, allies of Ukraine,
	...

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