Biden Targets Yachts and Gains of Russian Oligarchs

The video discusses a legislative package being sent to Congress aimed at targeting Russian oligarchs by seizing their assets, such as yachts and luxury homes. The package strengthens law enforcement capabilities and introduces expedited procedures for asset forfeiture. The funds from these assets will be used to address the harm caused by Russia and support Ukraine.

What will happen to the assets of the oligarchs once they are seized?

In what way will the funds from the sale of seized assets be utilized?