He submitted a number of bills.
US President Joseph Biden asks to approve a package of laws which will facilitate the use of Russian-related assets to help Ukraine, the White House said Thursday.
which will provide additional opportunities for the US government to hold the Russian government and Russian oligarchs accountable for the situation in Ukraine. The White House says the State Department, the Justice Department and the US Treasury Department will jointly decide on the use of assets frozen “due to corruption, violations of sanctions and export control measures, as well as a number of other violations.”
Also, Biden's proposal, according to the White House, will allow the United States to create a “more flexible administrative process involving the Treasury and the Justice Department to confiscate US property of Russian oligarchs subject to sanctions.”
Recall that Canada may be the first among the G7 countries, whose government will allow the confiscation of frozen Russian assets in favor of Ukraine. A similar issue is being discussed in the European Union.
The US Congress has also registered a bill “ Law on the Sovereignty of Ukraine 2022 “. Some media outlets were quick to report optimistically that the law would transfer Russian assets blocked by the United States to Ukrainians affected by Russia's war against Ukraine. But what does the content of the document really show, read in Serhiy Kozyakov's text “Will Ukraine get Russian assets frozen by America?”.
