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Trump’s Justice Department ends Biden-era task force aimed at seizing assets of Russian oligarchs

  • The Trump administration's Justice Department has disbanded a Biden-era program aimed at seizing the assets of Russian oligarchs as a means to punish Russia for its invasion of Ukraine.
  • Attorney General Pam Bondi stated that resources will now focus on the total elimination of cartels and transnational criminal organizations.
  • The Justice Department shifted its enforcement of the Foreign Agents Registration Act to focus on traditional espionage rather than registration violations.
  • Despite the disbanding, officials like Treasury Secretary Scott Bessent have called for stronger sanctions on Russian oil, stating the Biden administration's approach was not 'muscular' enough.
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