The Biden administration has approved a $20 billion loan to Ukraine, funded by frozen Russian assets, as part of a $50 billion G7 support package. The funds, critical for Kyiv, arrive just weeks before President-elect Donald Trump, who opposes continued financial aid and advocates for an immediate resolution to the conflict, takes office.
U.S. Treasury Secretary Janet Yellen stated the funds will support Ukraine’s defense and essential services during Russia’s unprovoked aggression. Meanwhile, Trump, who has promised to end the war, criticized prolonged aid, pledging to reduce support and prioritize negotiations.
House Speaker Mike Johnson also opposed additional aid before Trump’s presidency begins, emphasizing that future decisions should reflect the incoming administration’s policies. The Biden administration had requested $24 billion in military and security aid for Ukraine earlier this year.
