First in The Vault: A bipartisan trio of senior financial services lawmakers urged the Biden administration to “swiftly and fully” implement the REPO Act with a focus on seizing Russian sovereign assets, per a letter we obtained.
The Vault
June 02, 2024
Hill, Meeks and Waters press Biden on Russian asset seizures
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Top senators back Yellen’s G7 REPO strategy
The Senate’s top proponents of a law allowing U.S. authorities to use Russian sovereign assets to aid Ukraine are backing Treasury Secretary Janet Yellen’s approach to the policy at the G7 Finance summit, even if it’s not quite what they envisioned.
How G7 could reshape the REPO Act
Senate panel clears bill targeting Russian sovereign assets
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