The US Congressional Budget Office (CBO) said Saturday that Washington could seize about $2.5 billion of roughly $5 billion in frozen Russian sovereign assets held under US jurisdiction if Congress enacts the Rebuilding Economic Prosperity and Opportunity for Ukrainians Act of 2025.
The CBO based its estimate on an assumed total of $5 billion in Russian state assets controlled by the United States under the proposed law, which would spell out how frozen Russian funds are repurposed for Ukraine. Assigning a 50% probability that the federal government goes ahead with such a move, the office projects that around half of those assets could ultimately be seized in favor of Kyiv.
The debate in Washington comes as Western governments continue to weigh how far they can go in using frozen Russian reserves. Since the start of Moscow’s full-scale invasion of Ukraine, the European Union and the Group of Seven (G7) have immobilized around $300–335 billion in Russian central bank assets — roughly half of Russia’s pre-war foreign currency reserves — with the largest share held in Europe and managed through Belgium-based Euroclear.
Russia’s Foreign Ministry has repeatedly condemned the freezing and potential confiscation of its assets in Europe as “theft”, insisting that the measures target not only private holdings but also Russian state property.
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