US Senate proposes to transfer frozen Russian assets to Ukraine on a quarterly basis
20 September 2025 17:15
A group of U.S. senators from two parties has introduced a bill that would oblige Washington to regularly transfer frozen Russian assets in the United States to Kyiv.
This was reported by RBC-Ukraine with reference to the US Senate Committee on Foreign Relations.
According to the document, it is proposed to amend the laws signed by the 46th US President Joe Biden in 2024, which allow the US government to seize frozen Russian assets and provide military assistance to Ukraine.
Lawmakers from both parties believe that the administration in Washington should start transferring these funds to Kyiv every 90 days. The US Secretary of State is expected to allocate at least $250 million to Ukraine during this period.
Assistance from other countries
The bill also stipulates that the administration in Washington should “actively and consistently pursue diplomatic efforts to persuade” other countries to also begin using at least 5% of frozen Russian assets for the benefit of Ukraine.
According to the US lawmakers, this should involve about $15 billion initially. The senators insist that other countries should also transfer funds to Kyiv at least once every 90 days.
In addition, the senators want to oblige the US administration to submit a report on the amount of Russian assets, including those frozen outside the United States.
What amounts are involved
The European Union, Canada, the United States, and Japan have frozen approximately $300 billion in Russian assets since the start of Russia’s full-scale invasion. Of this amount, about $5-6 billion is kept in the United States, and the majority is in Europe, in particular on the international platform Euroclear in Belgium, where $210 billion is placed.
