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It was Biden's administration that froze the assets, FIJI

Posted on: August 16, 2025 at 18:37:03 CT
90Tiger STL
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The Biden administration, along with allies in the G7 and EU, froze approximately $300 billion in Russian sovereign assets following Russia's 2022 invasion of Ukraine. However, the US only holds around $4-5 billion of these assets, with the vast majority being in Europe, primarily in Belgium's Euroclear financial institution.
Key actions and developments:
Freezing: The assets were frozen, rendering them inaccessible to Russia, but Russia technically remains the owner.
REPO Act: In April 2024, President Biden signed the Rebuilding Economic Prosperity and Opportunity for Ukrainians (REPO) Act, which authorized the seizure of Russian assets within US jurisdiction, contingent upon G7 cooperation.
ERA Loan: In June 2024, the G7 and EU agreed to the Extraordinary Revenue Acceleration (ERA) loan, providing $50 billion to Ukraine, to be repaid using the interest generated by the frozen Russian assets. The US disbursed its $20 billion share of the loan before the end of the Biden administration.
EU Action: The EU has also taken steps to use the profits generated by the frozen assets. In February 2024, the European Council decided to set aside the "extraordinary revenues" generated by these assets. They subsequently ruled that institutions holding Russian assets must transfer at least 99.7% of the annual net profits from those assets to the EU biannually, with 90% of the funds directed towards military aid for Ukraine through the European Peace Facility.
Debate over Seizure: While the US and Canada have been open to outright seizure, European nations, particularly those holding the majority of the assets like Germany and France, have been hesitant due to concerns about international law and potential retaliatory measures from Russia.
Russian Response: Russia has threatened retaliatory seizures of Western assets in Russia and has already confiscated assets from some European companies.
In essence: The Biden administration, in coordination with allies, froze a significant amount of Russian assets. While the US passed legislation to allow for seizure of assets within its jurisdiction, the preferred approach globally has been to use the interest generated by the frozen assets to fund loans and support for Ukraine, rather than outright seizure of the principal.
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For those upset at Trump for initiating peace talks with - JeffB MU - 8/16 17:42:54
     Trump should join on the side of Russia - El-ahrairah BAMA - 8/16 19:01:26
     As ummmm always told us, war is the health of the state - Bulldog Bob Brown STL - 8/16 18:41:02
          Where is ummmm ? - Panthera MU - 8/16 19:32:12
               doing way more important $hit (nm) - 90Tiger STL - 8/16 21:32:36
          War is the cash cow of the Deep State, but not of the - JeffB MU - 8/16 18:52:30
          it's saddening, really (nm) - 90Tiger STL - 8/16 18:47:29
               You ho-hum and yawn at it, hypocrite(nm) - Seagull MU - 8/17 00:02:21
     Why bother listening when WE ALREADY KNOW - GA Tiger MU - 8/16 18:31:13
          Ukrainians want peace - El-ahrairah BAMA - 8/16 19:04:59
               Oh get real. Why the hell would he want more war?(nm) - GA Tiger MU - 8/17 06:39:04
          What a perfect post to demonstrate WHY we should be listenin - JeffB MU - 8/16 18:50:50
               Your summary is bullshlt. If poot left Ukraine - GA Tiger MU - 8/17 06:43:44
                    You are listening only to the MSM side of the story, GAT. (nm) - JeffB MU - 8/17 13:16:24
          How do you propose Ukraine defeat Russia militarily? (nm) - 90Tiger STL - 8/16 18:40:18
     The idiot right below says hell yes to all your questions, - tigertix MU - 8/16 18:25:14
     Support Ukraine, pay no attention to Russian desires(nm) - FIJItiger MU - 8/16 17:54:54
          So do you expect Trump to renege on the - Outsider MU - 8/16 18:06:29
               No I expect him to fail and be an embarrassment - FIJItiger MU - 8/16 18:10:09
                    why do you bail as a child, every time? (nm) - 90Tiger STL - 8/16 18:24:10
                         Out of ammo, no ideas, just emotions - Wildcat KSU - 8/16 18:33:20
          Define "support Ukraine" (nm) - 90Tiger STL - 8/16 17:57:17
               Also sanction Russia mercilessly and force them into - FIJItiger MU - 8/16 18:06:59
                    Their assets have already been confiscated & sanctions are - JeffB MU - 8/16 18:27:06
                         Agree, our current administration is a total joke and - FIJItiger MU - 8/16 18:32:59
                              Your plan of pouring hundreds of billions of borrowed dollar - JeffB MU - 8/16 18:37:50
                                   Ok. Well that is what I would do and support (nm) - FIJItiger MU - 8/16 18:51:20
                                        The plan that is 'a total joke and failure globally' rather - JeffB MU - 8/16 18:54:52
                                             No. Supporting our ally from a hostile invasion - FIJItiger MU - 8/16 18:57:26
                                                  When and how did Ukraine become "our ally"? (nm) - 90Tiger STL - 8/16 21:54:26
                                                  Pouring hundreds of billions of borrowed dollars into a - JeffB MU - 8/16 19:16:25
                                                       he doesn't care, won't read this, and will now consider - 90Tiger STL - 8/16 19:30:55
                                                       I do not support succumbing to Russian aggression, sorry(nm) - FIJItiger MU - 8/16 19:27:29
                                                            Is Ukraine in NATO? (nm) - 90Tiger STL - 8/16 19:31:32
                                                                 stay tuned - Fire Marshall Bill MU - 8/16 19:39:06
                                                            Was the US invaded by Russia? (nm) - 90Tiger STL - 8/16 19:31:19
                                        astonishing (nm) - 90Tiger STL - 8/16 18:53:44
                              so you actually just called the prior admin a total joke and - 90Tiger STL - 8/16 18:37:50
                              It was Biden's administration that froze the assets, FIJI - 90Tiger STL - 8/16 18:37:03
                              they are Biden's sanctions, FIJI - 90Tiger STL - 8/16 18:36:06
               He means “ Support Obama’s coup of the democratically - Spanky KU - 8/16 18:00:25
                    He also means his chicken shyt ass ain't joining up to line - tigertix MU - 8/16 18:26:34
                         To be fair, the vast majority of Americans have no interest - Spanky KU - 8/16 18:54:36
                              You would think that they wouldn't be so warmongerish, but - JeffB MU - 8/16 18:56:22
               Send funds and weapons as appropriated by congress (nm) - FIJItiger MU - 8/16 17:58:24
                    What is your plan after Ukraine's military collapses and - JeffB MU - 8/16 17:59:55
                         That would end the war(nm) - FIJItiger MU - 8/16 18:01:09
                              It would end the war with Ukraine in far worse shape than - JeffB MU - 8/16 18:11:15
                                   does to me, and to Ukraine which was the original question(nm) - FIJItiger MU - 8/16 18:15:15
                                        you think the people of Ukraine will prefer to be conquered - 90Tiger STL - 8/16 18:25:08
                                             They would not prefer either option, no(nm) - FIJItiger MU - 8/16 18:30:10
                                                  child's answer (nm) - 90Tiger STL - 8/16 18:30:34
                                                       I’m an adult. You are thinking of the - FIJItiger MU - 8/16 18:34:52
                                                            RE: I’m an adult. You are thinking of the - 90Tiger STL - 8/16 18:38:22
                                                            RE: I’m an adult. You are thinking of the - 90Tiger STL - 8/16 18:38:12
                                        That is quite the illogical, perhaps even crazy response. - JeffB MU - 8/16 18:24:03
                                             We just have different definitions of an ally - FIJItiger MU - 8/16 18:29:06
                                                  One of the allies I was speaking of is India. They are quite - JeffB MU - 8/16 18:35:37
                                                       I do not expect countries that are not Ukraine allies to - FIJItiger MU - 8/16 18:54:03
                                                            Is Ukraine in NATO? (nm) - 90Tiger STL - 8/16 19:31:48
                                                       He doesn't know, doesn't care, won't read this (nm) - 90Tiger STL - 8/16 18:38:46
                                             FIJI is fine with Zelensky suspending elections and being - 90Tiger STL - 8/16 18:26:25
                              So, it is important enough of an objective - tman MU - 8/16 18:05:44
                                   That is correct. It’s relatively simple(nm) - FIJItiger MU - 8/16 18:10:56
                                        Then why fund a forgone conclusion, then ends worse - tman MU - 8/16 18:20:33
                                             In this hypothetical we don’t have such a weak cowardly Pres - FIJItiger MU - 8/16 18:21:49
                                                  Oh, you think it takes a brave man to let 10s of thousand - 90Tiger STL - 8/16 18:34:46
                                                  An ally to do what? the US is still sending arms to Ukraine. - 90Tiger STL - 8/16 18:27:21
                                                       I would keep doing that and force Russia into a more - FIJItiger MU - 8/16 19:00:09
                                                            Russia isn't isolated, so "further isolated" is nonsensical - 90Tiger STL - 8/16 19:32:55
                    With no limit in time or expense, fight until Russia - 90Tiger STL - 8/16 17:59:18
                         Correct on the first. No on the second but Ukraine has never - FIJItiger MU - 8/16 18:02:31
                              what limits has Ukraine put on it's monetary requests? Nothi - 90Tiger STL - 8/16 18:07:34
                                   If Putin takes all of Ukraine - haeffb MU - 8/16 18:13:30
                                        Not sure you understand what a buffer state is (nm) - 90Tiger STL - 8/16 18:40:53
                                             Buffer from what? - haeffb MU - 8/16 18:46:06
                                                  Do you think that Cuba was going to invade the US in - JeffB MU - 8/16 19:35:18
                                                       Do you feel Russia’s invasion of Ukraine was - haeffb MU - 8/16 20:04:43
                                                            I think you are missing much/most of the story. - JeffB MU - 8/16 20:40:00
                                                                 I don't think he cares. Russia bad. Russia invade peaceful - 90Tiger STL - 8/16 20:45:03
                                                            "Justified" is a loaded word. If it were the US in that sit - 90Tiger STL - 8/16 20:32:16
                                                                 It’s not a silly rhetorical question - haeffb MU - 8/17 04:41:25
                                                                      I think that question is analogous to a question in - JeffB MU - 8/17 13:36:08
                                                       I don't think he understands any of that, doesn't care (nm) - 90Tiger STL - 8/16 19:42:06
                                                  No, but I didn't expect NATO to continue expanding - 90Tiger STL - 8/16 18:53:26
                                                       My view is that invading countries is bad. - haeffb MU - 8/16 19:43:29
                                                            Everyone thinks invading other countries is bad. - 90Tiger STL - 8/16 20:36:25
                                        If they take Ukraine, they would probably keep the 4 eastern - JeffB MU - 8/16 18:16:51
                                             yep (nm) - 90Tiger STL - 8/16 18:27:46
                                             He isn’t just giving it back if he takes the entire country - tman MU - 8/16 18:21:45
                                                  disagree - 90Tiger STL - 8/16 18:54:01
                                                       Thanks for the link. Good article. (nm) - JeffB MU - 8/16 19:24:20
                                                  I've heard some of the pundits & historians saying that - JeffB MU - 8/16 18:40:34
                                   I’m not Russian nor influenced by Russian propaganda (nm) - FIJItiger MU - 8/16 18:11:58
                                        It doesn't sound like you are influenced by reality. (nm) - JeffB MU - 8/16 18:13:27
                                             The op was seeking non-Russian/MAGA input, unless I’m - FIJItiger MU - 8/16 18:17:47
                                                  I don't think you're influenced by information or rational - 90Tiger STL - 8/16 18:28:11
     they won't because they can't. They won't artticulate the - 90Tiger STL - 8/16 17:52:19
     If you were President or King - haeffb MU - 8/16 17:52:10
          I'll answer your question. Please answer mine. - JeffB MU - 8/16 17:57:05
               I think at this point, there are only two main possibilities - haeffb MU - 8/16 18:16:18
                    those aren't the only 2 options, thank goodness you're - 90Tiger STL - 8/16 20:45:34
               100% correct and I agree. There would have been - 90Tiger STL - 8/16 17:58:32
          Why can't you answer the question? What would - 90Tiger STL - 8/16 17:53:51
               I don’t know - I wasn’t in that position - haeffb MU - 8/16 18:00:02
                    Hence is question about what you'd do NOW (nm) - 90Tiger STL - 8/16 18:01:31
                         Unconditional surrender - haeffb MU - 8/16 18:04:36
                              how would you recommend doing that if talking to him is - 90Tiger STL - 8/16 18:09:38
                                   I didn’t say it’s a bad idea. - haeffb MU - 8/16 18:12:09
                                        Why should the US be "committed" and to what length, - 90Tiger STL - 8/16 18:28:34
                                             To stop the bully from taking our cousin’s lunch money - haeffb MU - 8/16 18:38:34
                                                  So no limit to the expense, time, etc. Just like FIJI, got - 90Tiger STL - 8/16 18:39:29
                                                       Oh, no, I agree with you. - haeffb MU - 8/16 18:43:24
                                                            at least you have a great reason for your conclusions (nm) - 90Tiger STL - 8/16 18:54:23
                                                                 What’s your reason for concluding Putin should be - haeffb MU - 8/16 19:55:10
                                                                      I didn't conclude "Putin should be given Ukraine". I concl - 90Tiger STL - 8/16 20:34:36
                                                                           Is it less bad for future world stability? - haeffb MU - 8/17 04:55:48
     RE: For those upset at Trump for initiating peace talks with - meatiger MU - 8/16 17:49:39
          Attempting to negotiate peace is getting the US in - 90Tiger STL - 8/16 17:54:47
               RE: Attempting to negotiate peace is getting the US in - meatiger MU - 8/16 18:50:22
                    derp (nm) - 90Tiger STL - 8/16 21:33:22
          How is he getting us in deeper? Do you think that sitting - JeffB MU - 8/16 17:54:29
               RE: How is he getting us in deeper? Do you think that sitting - meatiger MU - 8/16 18:51:05
     There is no rational basis to their weird bitterness - 4TigersinMichigan MU - 8/16 17:44:15




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