US Seeks Authority to Give Seized Russian Assets to Ukraine

The Biden administration is asking Congress for additional legal authority to make it easier for the U.S. government to seize Russian government and oligarch assets and transfer the proceeds to Ukraine. The White House released the package of legislative changes Thursday as President Joe Biden asked Congress for $33 billion in additional aid for Ukraine as it seeks to fend off a devastating Russian invasion, now in its third month. If enacted, the proposed measures would “establish new authorities for the forfeiture of property linked to Russian kleptocracy, allow the government to link the proceeds to support Ukraine, and furthermore

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