Biden Administration's Plan to Seize Russian Central Bank Assets

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What is the Biden administration signaling support for?

Providing military aid to China

Seizing more than $300 billion in Russian central bank assets (correct)

Imposing sanctions on European nations

Negotiating peace talks with Russia

Who had argued that seizing the funds was 'not something that is legally permissible in the United States'?

Treasury Secretary Janet L. Yellen (correct)

President Joe Biden

Secretary of State Antony Blinken

Russian President Vladimir Putin

What has been a concern among some top American officials regarding seizing the funds?

The risk of military retaliation from Russia

Nations hesitating to keep their funds at the New York Federal Reserve (correct)

The impact on global oil prices

The potential for cyber attacks from Russia

What has the Biden administration been pressing Britain, France, Germany, Italy, Canada and Japan to come up with?

A strategy by Feb. 24 Signup and view all the answers

What has support for such legislation been doing in Congress?

Building Signup and view all the answers

True or false: Treasury Secretary Janet L. Yellen has argued that seizing the funds is legally permissible in the United States without action by Congress?

False Signup and view all the answers

True or false: The Biden administration has begun urgent discussions with allies about using the funds to aid Ukraine's war effort because of an abundance of financial support?

False Signup and view all the answers

True or false: The Biden administration is considering using its existing authorities without seeking congressional action to use the funds?

True Signup and view all the answers

True or false: The talks among finance ministers, central bankers, diplomats, and lawyers have not intensified in recent weeks according to officials?

False Signup and view all the answers

True or false: The Biden administration has been pressing Britain, France, Germany, Italy, Canada, and Japan to come up with a strategy by Feb. 24, the second anniversary of the invasion?

True Signup and view all the answers

Biden Administration's Plan to Seize Russian Central Bank Assets

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Questions and Answers

What is the Biden administration signaling support for?

Who had argued that seizing the funds was 'not something that is legally permissible in the United States'?

What has been a concern among some top American officials regarding seizing the funds?

What has the Biden administration been pressing Britain, France, Germany, Italy, Canada and Japan to come up with?

What has support for such legislation been doing in Congress?

True or false: Treasury Secretary Janet L. Yellen has argued that seizing the funds is legally permissible in the United States without action by Congress?

True or false: The Biden administration has begun urgent discussions with allies about using the funds to aid Ukraine's war effort because of an abundance of financial support?

True or false: The Biden administration is considering using its existing authorities without seeking congressional action to use the funds?

True or false: The talks among finance ministers, central bankers, diplomats, and lawyers have not intensified in recent weeks according to officials?

True or false: The Biden administration has been pressing Britain, France, Germany, Italy, Canada, and Japan to come up with a strategy by Feb. 24, the second anniversary of the invasion?

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