Joe Biden’s administration is still divided over the need to confiscate frozen Russian assets, the New York Times reported, citing its own sources.
Senior officials from the Biden administration have spoken out against the confiscation of Russian assets and their redistribution in support of Ukraine.
They fear it would undermine the US reputation as an “investment safe haven” and could prompt other countries to move their assets into other currencies, The New York Times reported, citing sources in the White House.