EU Chief Suggests Using Frozen Russian Assets to Fund Ukraine's Military Efforts

There are proposals for using the profits from frozen Russian assets to support Ukraine. One such proposal comes from EU Commission President Ursula von der Leyen, who suggested using the funds to arm Ukraine. Another proposal was made by US Treasury Secretary Janet Yellen, who expressed her strongest public support yet for liquidating $300 billion in frozen Russian Central Bank assets. She believes there is a strong case for moving forward based on international law, economic, and moral grounds. The United States and its allies have already frozen hundreds of billions of dollars in Russian foreign holdings.