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Treasury nominee Adeyemo says pandemic aid to poorest countries critical to U.S. interests

·1 min read

WASHINGTON, Feb 23 (Reuters) - Wally Adeyemo, President JoeBiden's nominee for the No. 2 job at the U.S. Treasury, said itwas critical to end the COVID-19 pandemic everywhere around theglobe, and doing so would require providing resources to some ofthe poorest countries.

Adeyemo made the comment at his confirmation hearing beforethe Senate Finance Committee when asked about a possible newallocation of the International Monetary Fund's own currency, orSpecial Drawing Rights, to provide additional resources.

"We need to be sure that countries around the world are putin a position to deal with the pandemic and its results,"Adeyemo said. "Providing financial resources to some of the mostpoorest countries in the world is going to be critical to ournational security if we seek to make sure that COVID-19 isn'tsomething that continues to affect us."

(Reporting by Andrea Shalal and David Lawder, Editing byFranklin Paul)