US takes step closer to sending Russian oligarchs’ billions straight to Ukraine

US takes step closer to sending Russian oligarchs’ billions straight to Ukraine

On Thursday, President Joe Biden announced a proposal to get even more aggressive with the billions seized from Russian oligarchs who have close ties to Vladimir Putin.

The White House released the outlines of what it calls a new comprehensive legislative package around Ukraine that includes provisions to “streamline the process for seizure of oligarch assets, expand the assets subject to seizure, and enable the proceeds to flow to Ukraine,” the White House said.

The move on oligarchs and…


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