Bloomberg information with the report, citing data its seen from the US Nationwide Safety Council (NSC)
- President Joe Biden’s administration is backing laws that will let it seize a few of $300 billion in frozen Russian property to assist pay for reconstruction of Ukraine
- White Home seeks to rally help in Congress to additional fund the conflict in opposition to Putin’s forces
- “The bill would provide the authority needed for the Executive branch to seize Russian sovereign assets for the benefit of Ukraine”
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The freezing of property like this has helped gasoline the (nonetheless small) transfer away from the US greenback amongst some international locations (Russia, China, Iran and the opposite ordinary suspects). Information like this might kick such strikes up a gear.
