https://sputnikglobe.com/20240228/biden-needs-legal-authority-from-congress-to-act-on-russian-assets---white-house-1117027017.html
Biden Needs Legal Authority From Congress to Act on Russian Assets - White House
Biden Needs Legal Authority From Congress to Act on Russian Assets - White House
Sputnik International
US President Joe Biden requires legal authority from Congress to take action on frozen Russian assets, White House National Security Communications adviser John Kirby said on Tuesday.
2024-02-28T01:19+0000
2024-02-28T01:19+0000
2024-02-28T01:19+0000
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"I want to make a couple of things clear. Number one, we still need more legislative authorities from Congress for the President to be able to act on that [unlocking assets]," Kirby said during a press briefing. US Treasury Secretary Janet Yellen said earlier in the day that the Group of Seven countries should work together to explore different approaches to utilizing frozen Russian assets, including seizing and using them as collateral to borrow on global markets. Russia said it would view any move to seize or use its frozen assets as an "escalation of economic aggression" and would respond harshly.
https://sputnikglobe.com/20240227/two-can-play-that-game-heres-how-russia-could-hit-back-if-west-seizes-assets-1117018843.html
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confiscation of russian assets, frozen funds, frozen assets, illegal appropriation, illegal confiscation, illegal seizure, russian property, frozen property, aid to ukraine, support for ukraine, europe for ukraine, us for ukraine, weapons for ukraine, financial aid, military aid, aid fund
Biden Needs Legal Authority From Congress to Act on Russian Assets - White House
WASHINGTON (Sputnik) – US President Joe Biden requires legal authority from Congress to take action on frozen Russian assets, White House National Security Communications adviser John Kirby said on Tuesday.
"I want to make a couple of things clear. Number one, we still need more legislative authorities from Congress for the President to be able to act on that [unlocking assets]," Kirby said during a press briefing.
US Treasury Secretary Janet Yellen said earlier in the day that the Group of Seven countries should work together to explore different approaches to
utilizing frozen Russian assets, including seizing and using them as collateral to borrow on global markets.
Russia said it would view any move to seize or use its frozen assets as an "escalation of economic aggression" and would respond harshly.
