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Turning Russian Money into Ukrainian Ammunition

Summary by The Bulwark
A Russian ruble coin is pictured with a US dollar bill and a symbolic coin of one dollar - one ruble, released in 1988, as a symbol of disarmament and made of the metal of destroyed missiles, in Moscow, on October 10, 2023. (Photo by ALEXANDER NEMENOV/AFP via Getty Images)RIGHT NOW, ROUGHLY $38 BILLION in frozen Russian assets is sitting in the coffers of American financial institutions. With the stroke of a pen, President Joe Biden can send tho…

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The BulwarkThe Bulwark
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Turning Russian Money into Ukrainian Ammunition

A Russian ruble coin is pictured with a US dollar bill and a symbolic coin of one dollar - one ruble, released in 1988, as a symbol of disarmament and made of the metal of destroyed missiles, in Moscow, on October 10, 2023. (Photo by ALEXANDER NEMENOV/AFP via Getty Images)RIGHT NOW, ROUGHLY $38 BILLION in frozen Russian assets is sitting in the coffers of American financial institutions. With the stroke of a pen, President Joe Biden can send tho…

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The Bulwark broke the news in on Friday, October 27, 2023.
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