- US senators introduce bill to authorise seizure and transfer of Russian sovereign assets to Ukraine for reconstruction.
- Bipartisan bill gives US president authority to confiscate frozen Russian sovereign assets in the US.
- Bill attracts bipartisan support in House of Representatives, where it must be approved to become law.
- Western countries have seized about $300bn of Russian assets since Russia's invasion of Ukraine in February 2022.
- Concerns over the act of confiscating and transferring Russian sovereign assets include destabilising financial markets and escalating tensions with Moscow.
Financial Times — World — Russian assets — Us Politics & Policy — War in Ukraine — Us Foreign Policy
US senators to launch bill to seize and transfer Russian assets to Ukraine
US senators to introduce bill authorising seizure of Russian assets to fund Ukraine's reconstruction, as bipartisan support grows in Congress