Yet even this generous assistance cannot keep pace with Ukraine’s ever-growing needs. European allies have delivered significant aid as well. Since Vladimir Putin launched his illegal and unjust invasion of Ukraine, the United States has provided robust assistance Congress has appropriated more than $110 billion in Ukraine-related emergency supplemental funds in FY 2022 and FY 2023. Not only is there firm legal backing and precedent for such action, but it would also be the right thing to do. sanctions to meet urgent military and humanitarian needs in Ukraine. The costs are vast, both in terms of human lives and financial resources.Īt this critical juncture, while each dollar could help make the difference in the outcome of the war, we urge you to use your authority to transfer the billions of dollars of Russian central bank assets frozen pursuant to U.S. The Ukrainian people continue to demonstrate incredible resilience and courage as they defend their country against unspeakable acts of violence and war crimes. efforts to assist Ukraine and the Ukrainian people as they fight valiantly to protect their democracy, their sovereignty, their homes, and their right to self-determination in the face of Russia’s unjust and unprovoked war. We write to you today as steadfast supporters of U.S. The full text of the letter can be found below and here. Torres (D-Calif.), Kevin Mullin (D-Calif.), and Eleanor Holmes Norton (D-Washington, D.C.). (D-N.J.), Eric Swalwell (D-Calif.), Norma J. ![]() The letter was signed by Lloyd Doggett (D-Texas), Barbara Lee (D-Calif.), Steve Cohen (D-Tenn.), Mike Quigley (D-Ill.), Donald M. efforts to assist Ukraine in the fight to protect their democracy since the war began. Schiff has been a vocal advocate for U.S. “As Ukrainian Foreign Minister Kuleba stated in a recent panel discussion, ‘The aggressor must pay for all damages caused to Ukraine,’” they continued. “It is clear to the international community who that aggressor is and who should bear the costs of this illegal war – Russia.” Not only is there firm legal backing and precedent for such action, but it would also be the right thing to do,” the lawmakers stated in the letter. “At this critical juncture, while each dollar could help make the difference in the outcome of the war, we urge you to use your authority to transfer the billions of dollars of Russian central bank assets frozen pursuant to U.S. sanctions to deliver much needed assistance to Ukraine. Bush’s transfer of $1.7 billion in Iraqi government funds to compensate victims of terrorism, the letter urges President Biden to repurpose Russian central bank assets frozen pursuant to U.S. ![]() Ukraine’s current budget requirements are estimated to be $5 billion each month, and rebuilding will be a massive undertaking expected to cost $411 billion over 10 years, according to a recent assessment.Ĭiting the authority provided in the International Emergency Economic Powers Act and past precedent such as President George W. ![]() The cost of the war in Ukraine is significant – both in terms of human lives and financial resources. – Today, Representatives Adam Schiff (D-Calif.) and Brian Fitzpatrick (R-Pa.) sent a bipartisan letter to President Biden urging him to transfer frozen Russian assets to help support the military and humanitarian situation in Ukraine. Schiff, Fitzpatrick Lead Bipartisan Letter Urging Biden to Transfer Frozen Russian Assets to Support Ukraine
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