4/24/2024 – Experts on the REPO Act: A good deal for the United States and for Ukraine

From: Atlantic Council By John E. Herbst

Speaker Mike Johnson introduced three bills on April 17 to provide aid to Ukraine, Israel, and the Western Pacific, and a fourth bill that includes provisions of the REPO Act among other policies. The REPO Act would provide a legal basis for the transfer of Russian state assets in the United States to Ukraine to compensate for the damage Moscow has inflicted on Ukraine in its war of aggression. Ensuring Ukraine has the military and economic aid from the United States presented in the Ukraine aid bill is essential to US security interests in Europe. Approving the provisions of the REPO Act provides additional resources to Ukraine—not coming from the US taxpayer—to help Ukraine win this war and successfully rebuild its economy afterwards. Despite the views of some skeptics, this can be done without undermining the international financial system and the role the dollar plays in that system. Below we provide a sampling of expert evaluations of the REPO Act.

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