PolicyBrief
S.RES. 421
119th CongressSep 29th 2025
A resolution urging the executive branch and leaders of the G7 and the European Union to seize sovereign assets of the Russian Federation under the jurisdiction of members of the G7 and disburse such assets to Ukraine in tranches of not less than $10,000,000,000 United States dollars per month until expended.
IN COMMITTEE

This resolution urges the G7 and EU leaders to seize Russian sovereign assets and disburse at least $10 billion monthly to Ukraine until the funds are expended.

John Kennedy
R

John Kennedy

Senator

LA

LEGISLATION

Resolution Urges Seizing $300B in Russian Assets: $10 Billion Monthly Tranches Proposed for Ukraine

This resolution is essentially the Senate putting its foot down, urging the Executive Branch and our G7/EU allies to stop just freezing Russia’s sovereign assets—estimated at around $300 billion—and start seizing them permanently. It’s not a law, but it’s a strong push for a major foreign policy shift: converting these frozen funds into a direct, fast-moving financial lifeline for Ukraine. The resolution specifically calls for this money to be disbursed in regular tranches of at least $10,000,000,000 per month until the full amount is spent on supporting Ukraine.

The Justification: Paying the Bill for War

The core argument here is that Russia’s actions in Ukraine—detailed in the resolution as widespread war crimes, including the destruction of infrastructure and the illegal transfer of hundreds of thousands of Ukrainian children—constitute an “internationally wrongful act.” In plain English, they broke the law and owe the bill. The resolution argues that international law requires Russia to pay for the estimated $524 billion in damages. Since Russia isn't writing a check, the U.S. is pushing the idea that seizing these state assets is a legitimate “countermeasure” to ensure accountability. It’s the policy version of taking someone’s car keys until they pay for the damage they caused to your house.

The Real-World Impact: From Frozen Funds to Fast Cash

For Ukraine, this is massive. Rebuilding a country while still fighting a war is impossibly expensive. If $10 billion a month starts flowing, it means immediate, substantial funding for everything from military defense to repairing bombed power grids and hospitals. This cash influx would take the financial pressure off U.S. and European taxpayers, who have largely been footing the bill for Ukraine’s survival so far. It shifts the burden of payment directly onto the aggressor, which is the whole point.

The Geopolitical Squeeze: Using Weapons Sales as Leverage

Here’s where the resolution gets interesting—and potentially controversial. The Senate wants the President, Secretary of State, and Secretary of Defense to actively pressure other nations holding Russian assets to comply. How? By using U.S. weapons sales as leverage. The resolution explicitly calls for: prioritizing American weapons sales to countries that seize and distribute Russian assets to the Ukraine fund, and deprioritizing sales to countries that hold the assets but refuse to seize them. This is a classic carrot-and-stick approach, but it’s a big stick. For an ally relying on U.S. military equipment, this pressure could be highly effective, but it risks straining diplomatic relationships with nations that might be hesitant about setting this kind of international legal precedent.

The Legal Elephant in the Room: Sovereign Immunity

While the goal of helping Ukraine is universally supported, the mechanism—permanently seizing another country’s sovereign assets—is a huge deal in international finance. The resolution argues that Russia forfeited its protection of “sovereign immunity” due to its aggression, but setting this precedent could make other nations nervous. If the U.S. can seize Russian assets today, what prevents another powerful nation from claiming similar justification to seize U.S. or allied assets tomorrow? This is the core concern for many financial institutions and governments: While we all want Russia to pay, we have to be careful about tearing up the international rulebook in a way that could backfire later. This resolution is pushing hard to establish a new norm, but that push comes with significant geopolitical risk.