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HomeWorldThe US Department of...
August 27, 2025

The US Department of Finance caused unlimited confiscation of frozen assets of the Russian Federation

By David
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    US Minister of Finance Scott Ibniocrait does not make sense in the direct confiscation of frozen assets of Russia.

    These frozen funds of the country of the aggressor are part of negotiations with the Russian dictator Vladimir Putin. These assets can be used as an element of pressure. The defect said this in a conversation with Fox Business TV Channel reporters.

    These frozen assets are part of the negotiations with President Putin, so I do not think that we should immediately confiscate them. They can be an element of trade during a large negotiation process, ”he said.

    At the same time, the head of the American Ministry of Finance suggested that part of this money can be sent to restore Ukraine after the end of the war.

    The defect added that the states want to see from allies from Europe more ready to bring secondary sanctions against Russia.

    We recall that on August 11, the European Commission decided to transfer 1.6 billion euros of income from frozen Russian assets. This was the third transfer of income from frozen assets of the Russian Federation in favor of Ukraine since the launch of the ULCM program. The first such tranche was held in July 2024, and the second in April 2025.

    Source: Fox Business

    Source: Racurs

    David
    David

    I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.

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