U.S. Senator Mike Rounds (R-S.D.)
WASHINGTON, D.C. (KELO.com) —
Senators Mike Rounds introduced the Transferring Illicit Assets to Ukraine Act.
This bipartisan legislation would allow the U.S. Department of Justice to transfer more forfeited Russian assets to Ukraine.
Under current authority, the DOJ can only transfer assets to Ukraine that are forfeited from violations of select Russia-related sanctions.
With expanded authority from Congress, the DOJ could transfer far more assets from bad actors to support the Ukrainian people in their fight for freedom.
Rounds introduced the act on Friday.
