U.S. Senate Resolutions Targets Frozen Russian Assets for Ukraine, Putin Warns of Global Chaos
A resolution has been introduced in the U.S. Senate, calling for monthly transfers of at least $10 billion from frozen Russian sovereign assets to Ukraine. The bipartisan move, led by Republican Senator John Kennedy, has sparked a response from Russia, with President Putin warning of global financial chaos.
The resolution, referred to the Senate Foreign Relations Committee, seeks to provide Ukraine with crucial financial support. If approved, it would mandate regular transfers of at least $10 billion to Ukraine. The resolution also urges U.S. and international leaders to seize and redirect Russian funds.
Russian officials have reacted strongly to the proposal. Kremlin spokesman Dmitry Peskov threatened reciprocal measures, including legal action, against those involved in seizing Russian reserves in Europe. President Putin went further, warning that such actions could lead to the destruction of the global financial order.
Notably, Senator Lindsey Graham, a staunch critic of Russia, is on the Russian extremist list. His advocacy for labeling Russia as a state sponsor of terrorism due to its mass abductions of Ukrainian children has drawn the ire of Russian officials.
The U.S. Senate's resolution, if approved, could significantly boost Ukraine's war effort. However, it has drawn a stern response from Russia, raising tensions and potential retaliation. The resolution's fate now lies with the Senate Foreign Relations Committee.
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