S. 2918: REPO Implementation Act of 2025
About $300 billion in russian state assets is frozen worldwide, an estimated $5 billion in the U.S., and the 2024 REPO Act sets no schedule for sending the U.S. share to Ukraine. This bill would let the President move it into the Ukraine Support Fund without confiscating it, have it earn interest, and let the State Department spend at least $250 million every 90 days on Ukraine's recovery. It also calls for pressing allies to repurpose 5% of their holdings each quarter. The money comes from russia, not U.S. taxpayers.
Why it matters
About $300 billion in russian state assets is frozen worldwide, but a U.S. law can reach only the estimated $5 billion held in the United States. The 2024 REPO Act already lets the President seize that money for Ukraine and sets no timetable. This bill would let the President move it into the Ukraine Support Fund without confiscation, invest it and let the State Department spend at least $250 million every 90 days on Ukraine's recovery. It has been on the Senate calendar since October 30, 2025. Ask both of your senators to cosponsor S. 2918 and to press Senate leaders for a floor vote.
- Status
- On Senate Calendar
- Chamber
- Senate
- Committee
- Foreign Relations
- Sponsor
- Sen. Sheldon Whitehouse (D-RI)
- Cosponsors
- 15
- Introduced
- 2025-09-19
Official text on Congress.gov
Українською
UAPortal