The White House supports the confiscation of $300 billion of Russian assets in favor of Ukraine

Bloomberg reports this, citing sources in the White House. Joe Biden's administration wants to coordinate this step with the G7 allies, especially in Europe, where about $200 billion of frozen Russian assets are held.

Bloomberg reports this, citing sources in the White House. Joe Biden’s administration wants to coordinate this step with the G7 allies, especially in Europe, where about $200 billion of frozen Russian assets are held.

The topic is expected to be discussed at a meeting of G7 leaders ahead of the anniversary of Russia’s invasion of Ukraine next month.