U.S. Treasury Secretary Janet Yellen has refuted Russian President Vladimir Putin's claim that using frozen Russian assets to support Ukraine constitutes "theft." Yellen stated that there is "no legal issue" with the $50 billion loan to Ukraine, which is backed by the profits from these assets. She emphasized that the assets have been impounded and are generating income for the institution holding them, with Russia having no claim on this income. This move is part of the G-7's strategy to aid Ukraine in its rebuilding efforts and counter Russian offensives[1][2].
Sources [1] Yellen says use of Russian assets is not 'theft' https://abcnews.go.com/US/treasury-secretary-janet-yellen-russian-assets-ukraine-theft/story?id=111154528 [2] Yellen claps back at Putin calling use of seized Russian assets to ... https://www.foxbusiness.com/politics/yellen-claps-back-putin-calling-use-seized-russian-assets-support-ukraine-theft-no-sense-all [3] stacker news https://stacker.news [4] Yellen says use of Russian assets is not 'theft' \ stacker news ~econ #583999 [5] Treasury Secretary Janet Yellen says use of Russian assets from ... https://www.sierradailynews.com/local/treasury-secretary-janet-yellen-says-use-of-russian-assets-from-ukraine-is-not-theft-despite-putins-claims/