President Joe BidenUkraine’s administration is backing legislation that would allow it to seize some of the $300 billion in frozen Russian assets to help finance Ukraine’s reconstruction, a move as the White House seeks to rally support of Congress to further finance the war against Vladimir Poutineforces.
The administration welcomes “in principle” a bill that would allow it to confiscate the funds, according to a November memo from the National Security Council to the Senate Foreign Relations Committee.