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3/2/2023

Remarks by Secretary of the Treasury Janet L. Yellen at Wreath Laying Ceremony in Kyiv, Ukraine | U.S. Department of…

U.S. DEPARTMENT OF THE TREASURY
Remarks by Secretary of the Treasury Janet L. Yellen at Wreath
Laying Ceremony in Kyiv, Ukraine
February 27, 2023

As Prepared for Delivery
I am honored to gather with you today. St. Michaelʼs Square reminds us of the deep history of
this city – a history tracing back around 1,500 years. And yet we are also reminded today that
the future is not preordained. People who stand up with courage have the capacity to shape
the course of history.
Over the past year, Ukraine has been writing the next chapter of its history – with its heroic
fight for freedom. Today, I am witnessing firsthand the devastating toll of Putinʼs brutal war. I
know that what Iʼm seeing here in Kyiv reflects just a small fraction of the hardship that
Ukrainians have faced over the past year. Thousands of innocent civilians have been killed; so
many more livelihoods shattered.
And yet, Ukraine still stands strong. The Ukrainian resistance has inspired millions of people
across the globe. In the face of trying circumstances, the Ukrainian military has fought
valiantly in defense of the Ukrainian homeland and the universal principles of freedom and
dignity. More broadly, the Ukrainian peopleʼs strength and resilience have captivated the
globe. Ukraineʼs blue-and-yellow flag hangs down the hall from my o ice at the Treasury
Department in Washington. That is only one example of how Ukraineʼs fight for justice has
inspired the world.
We have pledged to do our part to support the Ukrainian people. Not only with words, but
with actions. We will continue to work with our international coalition to provide military,
economic, and humanitarian assistance to Ukraine. And we will continue to impose severe
costs on the Kremlin for its illegal war. As President Biden has said, we will stand by Ukraine
for as long as it takes.
Ukrainian courage takes di erent forms. Last December, during Russiaʼs brutal assault, you lit
a Christmas tree in the middle of Old Kyiv, just a few hundred feet away. It had not been

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3/2/2023

Remarks by Secretary of the Treasury Janet L. Yellen at Wreath Laying Ceremony in Kyiv, Ukraine | U.S. Department of…

planned. But as Kyivʼs mayor said, “we wouldnʼt let Russia steal the celebration…from our
children.” You called this tree – “the Tree of Invincibility.”
History will note the brutality of this war. It will also remember the heroes – some sung and
many more unsung – who fought for human dignity, self-determination, and freedom in
Ukraineʼs darkest hour. It is an honor for me to stand with the people of Ukraine in this fight.
Thank you.
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