US senators are urging the Trump administration to make the most of frozen Russian property to exert stress on Moscow.

FinancePolitics US senators are urging the Trump administration to make the most of frozen Russian property to exert stress on Moscow. Wednesday, March 26, 2025

Within the US, a bipartisan group of senators has known as on President Donald Trump’s administration to persuade the US’ European allies to confiscate over $300B in frozen Russian property to help Kyiv. The letter, addressed to Secretary of State Marco Rubio and signed by Republican senators Todd Younger and Lindsey Graham together with Democrats Richard Blumenthal and Tim Kaine, inquires: “Does the administration imagine that property underneath US and EU management must be leveraged in negotiations with Russia to finish the conflict?” The senators additionally search to grasp whether or not the administration plans to plan a technique to encourage the EU, G7 nations, and different allies to make the most of sovereign Russian property. Questions nonetheless stay concerning the American authorities’s help for Ukraine’s use of Russian sovereign property which can be at the moment underneath US management to be able to procure protection tools. Senior officers are publicly pressuring the Trump administration to undertake a harder stance with Moscow in peace negotiations. This letter was despatched on March 21, simply days earlier than a brand new spherical of negotiations between the US and Russia commenced.