A bipartisan group of US senators (Democrats and Republicans) has introduced a bill requiring Washington to transfer frozen Russian assets in the United States to Kyiv.
A document published by the Senate Foreign Relations Committee states that amendments should be made to the laws signed by former US President Joe Biden in 2024, which allow the US government to seize frozen Russian assets and provide military aid to Ukraine.
According to lawmakers from both parties, the Washington administration should begin transferring these funds to Kyiv "every 90 days." The proposal calls on the US Secretary of State to allocate at least $250 million to Ukraine during this period.
According to the bill, the Washington administration should engage in active and sustained diplomatic efforts to persuade other countries to use at least 5% of frozen Russian assets for Ukraine.
According to US lawmakers' estimates, this amount is expected to initially reach approximately $15 billion.
The senators believe that other countries should also transfer funds to Kyiv at least once every 90 days.
The senators also want to require the Washington administration to submit a report on the size of Russian sovereign assets, including frozen ones, held outside the United States.
America intends to send frozen Russian assets to Kyiv.
