Home United States USA — Financial Congress Wants to Seize Money from Russian Elites, Send it to Ukraine

Congress Wants to Seize Money from Russian Elites, Send it to Ukraine

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Legislation set to be introduced on Thursday would use assets seized from Russian and Belarusian oligarchs to fund U.S. humanitarian aid to Ukraine, lawmakers’ …
Legislation set to be introduced on Thursday would use assets seized from Russian and Belarusian oligarchs to fund U.S. humanitarian aid to Ukraine, lawmakers’ latest effort to penalize wealthy elites who support Moscow’s war machine. The bill from Rep. Tim Burchett (R., Tenn.) seeks to offset the cost of U.S. humanitarian aid projects by targeting the wealthy elites who support and aid Russian president Vladimir Putin as he continues his bloody invasion of Ukraine, according to a copy of the legislation obtained by the Washington Free Beacon. The bill would make all assets seized from Russia and Belarus available to the federal government. “There would not be a humanitarian crisis in Ukraine if Vladimir Putin had refrained from starting this war,” Burchett told the Free Beacon. “Russia is responsible for its army’s vile attacks on evacuation convoys, hospitals, and apartment buildings that are causing enormous suffering among innocent Ukrainians. The oligarchs who profit off of Putin’s murderous regime should be the ones who pay for humanitarian aid to Ukraine, not American citizens who are burdened by inflated gas prices.

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