Senate Majority Leader Chuck Schumer said his plan would give the federal government the power to liquidate foreign assets seized from sanctioned Russian oligarchs and donate that money.
Senate Majority Leader Chuck Schumer wants to seize the US-based yachts, art possessions and mansions of Russia’s oligarchs — and give the money to relief for Ukraine.
Schumer said his plan would give the federal government the power to liquidate foreign assets seized from sanctioned Russian oligarchs and donate that money. “This is the kind of stuff we’re talking about: yachts, mansions,” he said. “You may ask, ‘Are any of these assets in New York?’ Obviously, a whole bunch are.”
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