Biden Transfers Powers Amid Russian Asset Seizure
Biden Transfers Powers Amid Russian Asset Seizure

Biden Transfers Powers Amid Russian Asset Seizure

News summary

President Biden has delegated authority for the seizure of frozen Russian assets to Treasury Secretary Janet Yellen and Secretary of State Antony Blinken, aiming to benefit Ukraine; this follows legislation enacted last April. In reaction, Russian officials condemned these actions as 'cynical and criminal', threatening retaliation. Meanwhile, the Democratic Party is rallying around Vice President Kamala Harris as a potential presidential nominee, with Rep. Adam Schiff expressing optimism about her appeal to younger voters. Schiff has also openly acknowledged that Democratic leaders were concerned about Biden's ability to win, leading to discussions about his viability for the 2024 election. As Biden's public appearances raise questions about his cognitive abilities, prominent figures like Nancy Pelosi have suggested he may need to reconsider his candidacy. Schiff's candid remarks have sparked debate over party dynamics and the upcoming election landscape.

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Last Updated
109 days ago
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