Biden administration kicks off global tour of multilateralism

President to attend G-7 virtual meeting and address Munich Security Conference

20210212NY Biden

President Joe Biden salutes before boarding Air Force One at Andrews Air Force Base, Maryland, for a trip to Camp David on Feb. 12. © AP

YUSUKE NAKAJIMA and KEN MORIYASU, Nikkei staff writers

LONDON/NEW YORK -- When U.S. Treasury Secretary Janet Yellen participated in a virtual meeting of the Group of Seven finance ministers and central bank governors Friday, host Rishi Sunak, the U.K.'s chancellor of the exchequer, and other members took turns welcoming her to her first G-7 meeting in the new capacity.

Yellen has participated in these meetings many times as chair of the Federal Reserve.

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