Authored by Dave DeCamp via AntiWar.com,

A bipartisan group of US lawmakers introduced a piece of legislation on Thursday that would give President Biden the power to confiscate frozen Russian Central Bank assets and send them to Ukraine.

The Rebuilding Economic Prosperity and Opportunity (REPO) for Ukrainians Act was introduced in both the House and the Senate. According to the House Foreign Affairs Committee, the legislation would "provide additional assistance to Ukraine using assets confiscated from the Central Bank of the Russian Federation and other sovereign assets of the Russian Federation."