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Justice dept ends task force aimed at seizing Russian oligarchs' assets

Business Standard LogoBusiness Standard8h ago

Justice dept ends task force aimed at seizing Russian oligarchs' assets - Business Standard

Quick Summary:

The department also ended the Foreign Influence Task Force, which was established in the first Trump administration to police influence campaigns staged by Russia and other nations aimed at sowing discord, undermining democracy and spreading disinformation.The U.S.government in the run-up to the 2024 presidential election aggressively moved to disrupt propaganda campaigns by Russia, which officials have assessed had a preference for Trump.

The move to disband Task Force KleptoCapture is one of several moves undertaken by the Justice Department under the new leadership of Attorney General Pam Bondi that presage a different approach toward Russia and national security issues.

The Trump administration's Justice Department has disbanded a Biden-era program aimed at seizing the assets of Russian oligarchs as a means to punish Russia for its invasion of Ukraine.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-07 @ 08:22:32 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 468 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25953153

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Main Topics: BusinessFinance

Official Website: business-standard.com

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News Last Updated: 3 hours ago

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