A senior U.S. Treasury official, Neiman, is scheduled to visit Rome this week to discuss the issues surrounding frozen Russian assets and developing country debt with Italian officials. This visit comes ahead of the G7 Summit in Apulia, Italy, on June 13-14, where President Joe Biden and other G7 leaders are expected to advance efforts to utilize Russia's immobilized sovereign assets to aid Ukraine. The White House emphasized that any solution for monetizing the $300 billion in frozen Russian assets must be developed in coordination with other countries. Additionally, U.S. Representatives Gregory Meeks, Maxine Waters, and French Hill have urged for the swift implementation of the REPO Act, which mandates the seizure of Russian sovereign assets held in the United States.
🔵 US, PARTNERS MAKING PROGRESS ON WAYS TO USE FROZEN RUSSIAN ASSETS, TREASURY OFFICIAL SAYS Full Story → https://t.co/1HdVyTiayo The United States and its partners are making progress on finding ways to provide larger amounts of urgently needed funds to Ukraine by tapping…
⚠️ SENIOR U.S. TREASURY OFFICIAL NEIMAN SAYS U.S IS MAKING PROGRESS WITH PARTNERS IN CONSIDERING WAYS TO DELIVER GREATER VALUE TO UKRAINE FROM FROZEN RUSSIAN ASSETS
⚠️ BIDEN, G7 LEADERS WILL ADVANCE EFFORTS TO MAKE USE OF RUSSIA'S IMMOBILIZED SOVEREIGN ASSETS TO HELP UKRAINE - WHITE HOUSE
BIDEN WILL ATTEND G7 LEADERS' SUMMIT IN APULIA, ITALY ON JUNE 13-14 - WHITE HOUSE
US Pres. Biden To Attend G7 Summit On 13-14 June, Italy
🔵 WHITE HOUSE INSISTS SOLUTION FOR FROZEN RUSSIAN ASSETS MUST BE DONE WITH OTHER COUNTRIES Full Story → https://t.co/tqoLw2WJFE The White House on Tuesday said a solution for monetizing some $300 billion in frozen Russian assets to aid Ukraine must be hammered out together… https://t.co/1v1t5HsdNv
⚠️ WHITE HOUSE: SOLUTION FOR FROZEN RUSSIAN ASSETS MUST BE FOUND WITH OTHER COUNTRIES
BIDEN TO SPEAK ON DEMOCRACY AND FREEDOM IN FRANCE ON JUNE 7
RM @RepGregoryMeeks, RM @RepMaxineWaters, @RepFrenchHill letter to @SecYellen, @SecBlinken urging for the swift and full implementation of the REPO Act, a bipartisan piece of legislation signed into law ordering the seizure of Russian sovereign assets held in the United States ⤵️ https://t.co/PWbmDlhfGr
🔵 SENIOR US TREASURY OFFICIAL HEADS TO ROME FOR TALKS ON DEBT, RUSSIAN ASSETS Full Story → https://t.co/X14KExD2Lr The U.S. Treasury Department's top international official will meet with Italian officials in Rome this week to discuss Russia's frozen assets ahead of the G7… https://t.co/IOr36HFQ5B
⚠️ U.S. TREASURY SAYS TOP INTERNATIONAL OFFICIAL TO VISIT ROME FOR TALKS ON FROZEN RUSSIAN ASSETS, DEVELOPING COUNTRY DEBT ISSUES