Medvedev threatens Russia may seize private US assets if Washington seizes frozen Russian reserves
Russia could seize assets and property of U.S. individuals held in Russia if Washington confiscates Russian sovereign assets, Dmitry Medvedev, the deputy chairman of Russia's Security Council, claimed on April 27. The U.S. Congress recently approved the REPO Actthat would allow President Joe Biden's administration to seize Russian assets held at American banks and funnel them to Ukraine. Western countries and Kyiv's other partners have immobilized around$300 billion of Russian assets in response to the full-scale invasion of Ukraine, with around $5 billion held in the U.S. "It is obvious that ...