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

www.swissinfo.ch

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

www.swissinfo.ch

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World NewsEnglish • 1 month ago

By Simon Lewis and Daphne Psaledakis

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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@ThotIWasSomebody
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1•1 month ago
I appreciate the moderation but I would much rather their statements stand for the idiotic ramblings that they are.
- @surph_ninja
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  They don’t want to risk people looking up to verify what I’ve said, and finding out Biden’s been fucking with them more than they knew.

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