London Daily

Focus on the big picture.
Friday, Jun 26, 2026

US Treasury secretary and other finance ministers walk out of G20 meeting with Russia

US Treasury secretary and other finance ministers walk out of G20 meeting with Russia

Finance ministers from multiple nations walked out of a closed-door G20 session in Washington on Wednesday when the Russian delegate began his prepared remarks, a show of protest against Moscow for its invasion of Ukraine.

US Treasury Secretary Janet Yellen participated in the walkout, as did European and other Western officials who were participating in the meeting.

Canada's finance minister Chrystia Freeland wrote on Twitter, "The world's democracies will not stand idly by in the face of continued Russian aggression and war crimes." She tweeted a photo of officials who left meeting, including Yellen, US Federal Reserve Chairman Jerome Powell and European Central Bank President Christine Lagarde.

Chrystia Freeland, Canada's deputy prime minister and finance minister, tweeted this photo on Wednesday, April 20. "The world's democracies will not stand idly by in the face of continued Russian aggression and war crimes," she wrote. "Today Canada and a number of our democratic partners walked out of the G20 plenary when Russia sought to intervene."


Ahead of the meeting, US officials had said Yellen would not participate in certain sessions of the gathering that included Russia.

Ukrainian officials also spoke at the session as invited guests, and also walked out during Russia's presentation. Yellen and other officials attended the session during those remarks, but departed when Russian Finance Minister Anton Siluanov began speaking virtually.

A separate official said finance ministers had discussed plans to boycott Russia's participation ahead of time.

Yellen said earlier this month she had informed this year's G20 host, Indonesia, that she wouldn't participate in sessions that included Russia. The G20 finance ministers are gathered in Washington this week to coincide with the annual meetings of the World Bank and International Monetary Fund.

Ahead of Wednesday's walkout, Treasury officials made clear it would not be business as usual when it came to Yellen's interactions with Russian officials during this week's big gathering of global economic leaders.

While Yellen will attend some sessions of the G20 Finance Ministers and Central Bank Governor meeting with Russian officials present, including the opening session, she will not be participating in all of them if the Russians are there, according to a senior US Treasury Official.

"President Biden's made clear and I certainly agree with him that it cannot be business as usual for Russia in any of the financial institutions," Yellen told the House Financial Services Committee. "He's asked that Russia be removed from the G20 and I've made clear to my colleagues in Indonesia that we will not be participating in a number of meetings if the Russians are there."

While President Biden has said Russia should no longer be in the G20, ejecting Moscow would require the support of all members. That is considered unlikely, as China has said it would not back kicking Russia out.

Newsletter

Related Articles

0:00
0:00
Close
Robert Jenrick Defends £5 Million Donation to Nigel Farage Amid Political Scrutiny
Plymouth Museum The Box Wins 2026 Art Fund Museum of the Year Award
UK Government Faces Backlash Over Plans to Use Former Military Sites for Asylum Accommodation
Labour Party Faces Pressure Over Cabinet Stability as Senior Figures Clash on Policy Direction
Heathrow Airport Forecasts Passenger Decline in 2026 as Costs and Climate Disruption Mount
UK Energy Regulator Approves Expansion of Long-Duration Storage to Boost Power System Resilience
Crown Estate Reports Third Consecutive Year of £1 Billion Profit as Debate Over Royal Finances Intensifies
Teenager Charged With Murder in Wales Following Death of 14-Year-Old Boy
Nottingham University Hospitals Maternity Failures Trigger Calls for Public Inquiry Into Patient Safety
EasyJet Rejects £4.9 Billion Takeover Offer From Castlelake but Keeps Door Open for Further Talks
Record Heatwave Triggers UK Transport and Infrastructure Strain as Heathrow Revises Passenger Forecast Downward
Ofgem Approves Sixteen Long-Duration Energy Storage Projects to Strengthen UK Grid Stability
Labour Government Faces Internal Tensions Over Cabinet Decisions and Net Zero Policy Direction
British Food and Drink Exports Fall to Decade Low Amid Trade Friction and US Tariffs
Great Britain Grid Operator Spends £10 Million to Stabilize Electricity Supply During Heatwave Demand Surge
UK Parliament Committee Calls for Urgent National Adaptation Strategy as Extreme Heat Strains Public Infrastructure
Record-Breaking Heatwave Pushes England’s National Health Service to Critical Incident Status as Hospitals Struggle With Surge in Emergencies
UK Government Launches Review of Voluntary National Insurance Contributions System
UK Planning Inspectorate Reports Key Infrastructure and Planning Milestones in Annual Review
UK Government Reviews Travel Expense Reimbursement Rates for Employers and Employees
Civil Nuclear Constabulary Launches National Digital Memorial for Officers Killed in Service
UK and US Expand Collaboration on Nuclear Fusion Research and Workforce Exchange
Environment Agency Secures £275,000 Enforcement Deal with Anglian Water Over Permit Breaches
Independent Inspector Flags Ongoing Failures in UK Home Office Border Case Management
UK Government Considers Zero VAT Rate on Land for Social Housing Development
Bank of England Reports Sharp Drop in Emissions and Warns on Climate-Driven Financial Risk
Consumer Confidence in the UK Falls at Fastest Quarterly Rate Since 2022
UK Borrowing Costs Rise Sharply on Gilt Markets Amid Fiscal and Political Concerns
UK Government Plans Legislation to Bring British Steel into Public Ownership
UK Government Secures £210 Million Nuclear Fuel Deal to Support Ukraine Energy Security
London Ambulance Service Reports Record Emergency Call Volume Amid Severe Heatwave
United Kingdom Faces Record June Heatwave as Temperatures Hit 36.7°C in Somerset
UK Financial Services Reform Debate Intensifies Over Ministerial Regulatory Powers
UK Energy Price Cap Rise Expected to Keep Inflation Above Target Through 2026
UK Biohacking and AI Wellness Trends Drive Surge in Personal Health Monitoring
UK Social Care Sector Sees Workforce Shift as Overseas Recruitment Masks Domestic Labour Decline
Nuffield Trust Warns UK Health Budgets Remain Vulnerable Despite Record Spending Levels
UK Coal Pension Surplus Debate Returns to Parliament as Reform UK MP Seeks Clarity on Distribution
UK MPs Consider E-Petition Calling for NHS Newborn Screening for Spinal Muscular Atrophy
UK Parliament Debates E-Petition Calling for Inquiry Into Pro-Israel Influence in Politics
UK Economy Grew 0.6 Percent in Q1 2026 but Business Sentiment Weakens Over Geopolitical Risks
UK Financial Services Bill Enters Lords Committee Stage With Expanded Ministerial Powers
UK Armed Forces Bill Advances With Plans for Defence Housing Service and Drone Defence Measures
UK Treasury Proposes Higher Electricity Generator Levy and Updated Mileage Allowance Rules
UK Parliament Debates Health Bill Amid Persistent GP Access and Patient Satisfaction Concerns
UK Financial Sanctions Regulator Signals Faster, Intelligence-Led Enforcement Strategy
British Chambers of Commerce Warns Business Confidence Crisis Is Dampening UK Investment
UK Parliament Debates Carbon Budget Order as Pressure Mounts on Net Zero Delivery
UK Energy Price Volatility Reinforces Pressure for Faster Electrification of Economy
UK Defence and Aerospace Strategy Gains Momentum as Keir Starmer Pushes Industrial Cooperation in Berlin
×