World News@lemmy.worldEnglish · 24 days ago

Biden administration moves to forgive $4.7 billion of loans to Ukraine

www.swissinfo.ch

Biden administration moves to forgive $4.7 billion of loans to Ukraine

www.swissinfo.ch

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World News@lemmy.worldEnglish · 24 days ago

Page not found - SWI swissinfo.ch

www.swissinfo.ch

Summary

The Biden administration has moved to forgive $4.7 billion in U.S. loans to Ukraine as part of a $9.4 billion loan package authorized by Congress in April to support Ukraine’s government during its war with Russia.

State Department spokesperson Matthew Miller confirmed the decision, which Congress could still block.

The Senate is set to vote on a disapproval motion introduced by Senator Rand Paul, though bipartisan support for Ukraine remains strong.

President Biden is expediting aid ahead of his term’s end, amid concerns President-elect Trump may restrict future support.

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24 days ago

The Senate is due to vote later on Wednesday on a motion of disapproval of loan forgiveness for Ukraine put forward by Republican Senator Rand Paul, a frequent critic of U.S. support for Ukraine.

Rand Paul? Is this the fellow who advocated for taking horse medication against COVID?

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