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Joint Statement by Members of the Caucus Against Foreign Corruption and Kleptocracy and the Commission on Security and Cooperation in Europe

Washington, DC – Today, Helsinki Commission Cochairman Rep Steve Cohen and Ranking Member Rep. Joe Wilson, Counter-Kleptocracy Caucus Co-Chairs Rep. Brian Fitzpatrick and Rep. Tom Malinowski, and caucus members Rep. Dan Crenshaw, Rep. Peter Meijer, Rep. Maria Salazar, and Rep. Abigail Spanberger, issued the following statement on their joint efforts to authorize the President to transfer the legally forfeited assets of Putin-connected kleptocrats to fund the reconstruction of Ukraine:

“We call on Congressional leadership to make every effort to include our bipartisan language allowing transfer to Ukraine of forfeited assets of Putin-connected kleptocrats. This effort was bipartisan from the get-go and remains so.

“This language is a page long and was included in the House-passed defense bill in July, following the House’s passage in April of a bill on Russian asset seizure. As Iranian drones flatten civilian targets across Ukraine, Congress should be able to review and negotiate a one-page legislative provision with a sense of urgency. If opponents have substantive concerns, they should have provided those at any point over the past six months.

“This is a matter of basic fiscal responsibility. With the inclusion of this provision, we would ensure that Putin’s corrupt cronies pay for part of Ukraine’s reconstruction. While we ask the American people to contribute to the success of freedom in Europe and around the world, we should make the same demand of dark money linked directly to the crimes of Putin‘s closest friends and allies.

“Furthermore, this provision would only apply to the assets of Russian criminals that have been forfeited under existing criminal laws. These laws have been thoroughly tested by the courts and are frequently used against narcotics and sex traffickers. For example, federal authorities can auction off assets of fentanyl traffickers—like speedboats used for smuggling—to remediate the harms suffered by their victims.

“We call on Speaker Pelosi, Leader McCarthy, Leader Schumer, and Leader McConnell to work vigorously to ensure inclusion of this measure in the final defense bill.”

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