S. 2918: REPO Implementation Act of 2025
Creates the legal mechanism to seize Russia's $300 billion in frozen sovereign assets and transfer them to Ukraine for reconstruction, making Russia pay for the damage it caused rather than U.S. taxpayers. Amends the REPO Act to close implementation gaps.
Why it matters
Russia has over $300 billion in frozen sovereign assets. This bill creates the legal mechanism to seize and transfer those funds to Ukraine for reconstruction, making Russia pay for the damage it caused rather than American taxpayers.
- Status
- In Committee
- Chamber
- Senate
- Committee
- Foreign Relations
- Sponsor
- Sen. Sheldon Whitehouse (D-RI)
- Cosponsors
- 8
- Introduced
- 2025-09-19