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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsQuestion 0n Ukraine here.
Heard awhile back that we could release some frozen Russian assets to Ukraine. Could Joe do this, say the house and senate refuses Ukraine aid? I really hope he does have authority to do something like this.
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Question 0n Ukraine here. (Original Post)
bluestarone
Dec 2023
OP
2naSalit
(86,775 posts)1. There was a news report...
In the last 48 hours that said Biden is looking into that very thing already. It's been on the back burner since the early days of the invasion.
Maybe that is something that can happen in then next few days.
bluestarone
(17,030 posts)2. THAT would be so AWESOME!!
TheProle
(2,198 posts)3. NYT: U.S. and Europe Eye Russian Assets to Aid Ukraine as Funding Dries Up
The Biden administration is quietly signaling new support for seizing more than $300 billion in Russian central bank assets stashed in Western nations, and has begun urgent discussions with allies about using the funds to aid Ukraines war effort at a moment when financial support is waning, according to senior American and European officials.
Until recently, Treasury Secretary Janet L. Yellen had argued that without action by Congress, seizing the funds was not something that is legally permissible in the United States. There has also been concern among some top American officials that nations around the world would hesitate to keep their funds at the New York Federal Reserve, or in dollars, if the United States established a precedent for seizing the money.
But the administration, in coordination with the Group of 7 industrial nations, has begun taking another look at whether it can use its existing authorities or if it should seek congressional action to use the funds. Support for such legislation has been building in Congress, giving the Biden administration optimism that it could be granted the necessary authority.
The talks among finance ministers, central bankers, diplomats and lawyers have intensified in recent weeks, officials said, with the Biden administration pressing Britain, France, Germany, Italy, Canada and Japan to come up with a strategy by Feb. 24, the second anniversary of the invasion.
Until recently, Treasury Secretary Janet L. Yellen had argued that without action by Congress, seizing the funds was not something that is legally permissible in the United States. There has also been concern among some top American officials that nations around the world would hesitate to keep their funds at the New York Federal Reserve, or in dollars, if the United States established a precedent for seizing the money.
But the administration, in coordination with the Group of 7 industrial nations, has begun taking another look at whether it can use its existing authorities or if it should seek congressional action to use the funds. Support for such legislation has been building in Congress, giving the Biden administration optimism that it could be granted the necessary authority.
The talks among finance ministers, central bankers, diplomats and lawyers have intensified in recent weeks, officials said, with the Biden administration pressing Britain, France, Germany, Italy, Canada and Japan to come up with a strategy by Feb. 24, the second anniversary of the invasion.
https://www.nytimes.com/2023/12/21/us/politics/russian-assets-ukraine.html
2naSalit
(86,775 posts)4. Thanks...
Couldn't recall where I saw it.
marble falls
(57,188 posts)5. It's already started. I want to know where the F-14s are ...
https://www.aljazeera.com news 2023 5 10 us-approves-first-transfer-of-seized-russian-funds-to-ukraine
US approves first transfer of seized Russian funds to Ukraine
The Biden administration has sought increased powers to send seized assets from Russian sanctions evaders to aid Kyiv. US Attorney General Merrick Garland launched a task force to target...
https://www.newsweek.com ukraine-receives-major-update-f-16s-1841683
Ukraine Receives Major Update on F-16s - Newsweek
Nov 7, 2023Fighter jets Ukraine Russia-Ukraine War Netherlands Ukraine Receives Major Update on F-16s Nov 07, 2023 at 2:37 PM EST By Kaitlin Lewis Night Reporter The first batch of U.S.-made F-16...
If Ukraine loses, it's because we don't get the tool they need to them.
I've also heard that the Pentagon might be metering the aid to Ukraine to maximize the degradation of Russian Military.