A $33 billion Ukraine aid package will include provisions for the U.S. government to seize and sell Russian oligarchs' assets, and give the proceeds to the invaded country, Senate Majority Leader Chuck Schumer (D-N.Y.) said Sunday.
Why it matters: The U.S. and other governments are moving to financially squeeze oligarchs with ties to Russian President Vladimir Putin with the aim of influencing his actions in Ukraine and, in the longer term, curtailing the power of Putin and his circle, per Axios' Emily Peck.
