Rebuilding Ukraine after Russian President Vladimir Putin’s unprovoked invasion and a year of unrelenting Russian military assaults will require far more resources than can be obtained from just seizing Russian oligarchs’ assets. It’s time to go after Russia’s foreign hard currency reserves. The United States and its allies have already isolated the Kremlin with a strong sanctions program, barring it from international markets. However, sanctions alone aren’t enough. Congress recently passed legislation equipping the United States with the ability to seize frozen assets belonging to Russian oligarchs. But that, too, won’t be nearly enough. It’s likely to cost more than $600 billion to
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