Yellen urges world leaders to ‘unlock’ frozen Russian Central Bank assets and send them to Ukraine
Fatima Hussein – February 27, 2024
FILE – Treasury Secretary Janet Yellen testifies before a House Financial Services Committee hearing on Capitol Hill, Feb. 6, 2024, in Washington. Yellen is offering her strongest public support yet for the idea of liquidating roughly $300 billion in frozen Russian Central Bank assets and using them for Ukraine’s long-term reconstruction. The U.S. and its allies froze Russian foreign holdings in retaliation for Moscow’s invasion of Ukraine. (AP Photo/Manuel Balce Ceneta, File)
WASHINGTON (AP) — Treasury Secretary Janet Yellen on Tuesday offered her strongest public support yet for the idea of liquidating roughly $300 billion in frozen Russian Central Bank assets and using them for Ukraine’s long-term reconstruction.
“It is necessary and urgent for our coalition to find a way to unlock the value of these immobilized assets to support Ukraine’s continued resistance and long-term reconstruction,” Yellen said in remarks in Sao Paulo, Brazil, where Group of 20 finance ministers and central bank governors are meeting this week.
“I believe there is a strong international law, economic, and moral case for moving forward. This would be a decisive response to Russia’s unprecedented threat to global stability,” she said.
The United States and its allies froze hundreds of billions of dollars in Russian foreign holdings in retaliation for Moscow’s invasion of Ukraine. Those billions have been sitting untapped as the war grinds on, now in its third year, while officials from multiple countries have debated the legality of sending the money to Ukraine. More than two-thirds of Russia’s immobilized central bank funds are located in the EU.
Using the assets to help Ukraine “would make clear that Russia cannot win by prolonging the war and would incentivize it to come to the table to negotiate a just peace with Ukraine,” Yellen said.
The idea of using Russia’s frozen assets has gained traction lately as continued allied funding for Ukraine becomes more uncertain and the U.S. Congress is in a stalemate over providing more support. But there are tradeoffs since the weaponization of global finance could harm the U.S. dollar’s standing as the world’s dominant currency.
Yellen said Tuesday that it is “extremely unlikely” that tapping the frozen funds would harm the dollar’s standing in the global economy “especially given the uniqueness of the situation where Russia is brazenly violating international norms. Realistically there are not alternatives to the dollar, euro and yen,” Yellen said.
Earlier this month, the European Union passed a law to set aside windfall profits generated from frozen Russian central bank assets. Yellen calls that “an action I fully endorse.”
Brazil kicked off its presidency of the Group of 20 nations this month, with finance ministers meeting this week. Topics for discussion include poverty alleviation, climate change and the wars in the Gaza Strip and in Ukraine. G20 leaders are slated to gather at a Nov. 18-19 summit in Rio.
Trump’s CPAC speech showed clear signs of major cognitive decline — yet MAGA cheered
Chauncey DeVega – February 26, 2024
Lev Radin/Pacific Press/LightRocket via Getty Images
Donald Trump was in his full glory over the weekend at the annual Conservative Political Action Committee (CPAC) conference. For his MAGA people, Republicans, and other neofascists and followers, Trump is like a father figure, preacher, teacher, confessor, lover, and god messiah prophet all in one person. In that way, CPAC is Donald Trump’s “church family” – only the church is full of fascism, hatred, wickedness, cruelty, and other anti-human values, beliefs, and behavior. Trump masterfully wields and conducts this energy.
Donald Trump’s speech at this year’s CPAC was truly awesome. As used here, “awesome” does not mean good, but instead draws on the word’s origins as in “inspiring awe or dread.” In his keynote speech on Saturday, Trump said that America is on a “fast track to hell” under President Biden and the Democrats and that “If crooked Joe Biden and his thugs win in 2024, the worst is yet to come. Our country will sink to levels that are unimaginable.”
He continued with his Hitler-like threats of an apocalyptic end-times battle between good and evil and that the country would be destroyed if he is not installed in the White House. Of course, Trump continued to amplify the Big Lie about the 2020 election being “stolen” from him and the MAGA people. He also made great use of the classic propaganda technique, as though he learned it personally from Nazi Minister of Propaganda Joseph Goebbels: Accuse your opposition of that which you are guilty of.
If Mr. Biden is re-elected for a second four-year term, Mr. Trump warned in his speech, Medicare will “collapse.” Social Security will “collapse.” Health care in general will “collapse.” So, too, will public education. Millions of manufacturing jobs will be “choked off into extinction.” The U.S. economy will be “starved of energy” and there will be “constant blackouts.” The Islamist militant group Hamas will “terrorize our streets.” There will be a third world war and America will lose it. America itself will face “obliteration.”
On the other hand, Mr. Trump promised on Saturday that if he is elected America will be “richer and safer and stronger and prouder and more beautiful than ever before.” Crime in major cities? A thing of the past.
“Chicago could be solved in one day,” Mr. Trump said. “New York could be solved in a half a day there.”
“I stand before you today not only as your past and future president, but as a proud political dissident….“For hard-working Americans Nov. 5 will be our new liberation day — but for the liars and cheaters and fraudsters and censors and impostors who have commandeered our government, it will be their judgment day…. Your victory will be our ultimate vindication, your liberty will be our ultimate reward and the unprecedented success of the United States of America will be my ultimate and absolute revenge.”
Here, Donald Trump sounded like an evil version of President Thomas Whitmore in the 1996 movie “Independence Day.”
He also used stochastic terrorism to encourage violence by his MAGA followers and other supporters with the lie that they are somehow being “victimized” or “persecuted” in America: “I can tell you that weaponized law enforcement hunts for conservatives and people of faith.” Echoing those themes, Trump, who believes that he is above and outside the rule of law, described his finally being held responsible for his many obvious crimes against American democracy and society as “Stalinist Show Trials,” as The Guardian further details:
Facing 91 criminal charges in four cases, Trump projected himself as both martyr and potential saviour of the nation. “A vote for Trump is your ticket back to freedom, it’s your passport out of tyranny and it’s your only escape from Joe Biden and his gang’s fast track to hell,” he continued.
“And in many ways, we’re living in hell right now because the fact is, Joe Biden is a threat to democracy – really is a threat to democracy.”
Speaking days after the death of the Russian opposition leader Alexei Navalny, Trump hinted at a self-comparison by adding: “I stand before you today not only as your past and hopefully future president but as a proud political dissident. I am a dissident.”
The crowd whooped and applauded. Trump noted that he had been indicted more often than the gangster Al Capone on charges that he described as “bullshit”. The audience again leaped to their feet, some shaking their fists and chanting: “We love Trump! We love Trump!”
Trump argued without evidence: “The Stalinist show trials being carried out at Joe Biden’s orders set fire not only to our system of government but to hundreds of years of western legal tradition.
“They’ve replaced law, precedent and due process with a rabid mob of radical left Democrat partisans masquerading as judges and juries and prosecutors.”
Trump is an expert on leveraging everyday people’s pain points and personal fear. In his CPAC speech, Trump triggered this by focusing on real economic anxieties and feelings of vulnerability and precarity about rising energy costs, the cost of living, and the “American Dream” more broadly.
To this point, President Biden and the Democrats have not been able to effectively counter such attacks by Donald Trump and his spokespeople and other agents. Appeals to the facts about how historically great Biden’s economy is, are no salve for how everyday people are experiencing hardship and increasingly view Donald Trump and Trumpism as a viable alternative to the Democrats and “democracy.”
Trump also spun up a horror story version of the United States as a country overrun by black and brown migrants and “illegal” immigrants who are like the cannibalistic serial killer Hannibal Lecter from the film “Silence of the Lambs.” Trump’s solution: mass deportations and concentration camps.
During his speech, Donald Trump would continue to valorize the Jan. 6 terrorists who attacked the Capitol as fascist saints and martyrs of the MAGA movement – a group who Trump vowed to pardon when/if he takes power in 2025. They will in turn become his personal shock troops. Trump’s megalomania and claims to god-like power, were on full display during his speech on Saturday, where the ex-president, described himself in the third person, telling the audience that “Trump was right about everything.”
In an excellent article at Mother Jones, Stephanie Mencimer shared what she learned from embedding herself at last week’s CPAC conference (she did not attend as a credentialed reporter) and how in the Age of Trump and American neofascism that event is a festival of extreme right-wing politics and the hatred and intolerance that are among its most defining features:
Exiled from the press pen, I was just part of the audience, a space previously off-limits to reporters. To say the least, it was enlightening. On Friday, for instance, I listened to a main-stage speech from Chris Miller, a Republican running for governor of West Virginia. Because of its tax-exempt status, CPAC bans speakers from openly campaigning there, so he was listed on the program simply as “businessman.”
Like virtually every other speaker at the event, Miller devoted several of his allotted five minutes to railing against transgender healthcare. “Woke doctors are literally making boys into girls,” he declared. “They’re practicing mutilation, not medicine. They should be in prison.” At that point, a burly man in a giant black cowboy hat sitting next to me leaned over conspiratorially and proclaimed, “I think we should hang them all! I really do.” And he laughed like we were in on the same joke. I confess that I was too cowardly to tell him I was with the left-wing fake news.
Later, during a speech by South Dakota Governor Kristi Noem, I was sitting next to a woman in full-on MAGA gear. When Noem declared, “There are some people who love America, and there are some people who hate America,” my neighbor gave me a small heart attack. “Get the FUCK OUT!” she yelled furiously, ready to rumble. “Get the FUCK OUT!” Meanwhile, the old man in the camo Trump hat next to her had somehow fallen asleep.
Mencimer then reflected on the devolution of CPAC, describing it as, “[W]hat passed for policy discussions at CPAC this year was largely limited to mass deportations and attacks on trans athletes. The sober panels about the national debt, balancing the budget, or Social Security reform that once commanded top billing were a relic of another era before CPAC became an extension of Trump Inc., devoted to all the MAGA grievances like racial equity, the evils of windmills, or bans on gas stoves.”
However, one must be cautious and understand that Trump’s apparent mental, emotional, and overall cognitive decline, and other indications of a damaged mind, are largely irrelevant to his followers. Donald Trump is a symbol more than a man. His MAGA people and other loyalists and voters ignore, reconcile, and more generally make sense of Trump’s apparent cognitive and speech difficulties by telling themselves that he is “just like them” and “speaks a language they can understand” because he is “authentic” and “not a traditional politician.” By definition, the Dear Leader is infallible. Fake right-wing populism can be bent and shaped to accommodate any absurdity.
Donald Trump’s speech at CPAC is but more evidence that he is giving his MAGA people and other followers and supporters in the Republican Party and the larger right-wing and “conservative” movement what they want. Public opinion polls and other research have consistently shown that there are tens of millions of Americans who yearn for an American dictator or others strongman-type leader, who will “break the rules” to “get things done” for “people like them.” In addition, Republican and other Trump voters specifically support his taking power as a dictator and ending democracy. And as has been widely documented, a significant percentage of white voters do not support democracy if it means that their “racial” group does not have the most influence and power and privilege in American society as compared to black and brown people.
Donald Trump and today’s Republican Party and the larger right-wing and neofascist movement have successfully tapped into what is a centuries-old vein of white supremacist herrenvolk nightmare dreams and white rage in American society and life. The CPAC conference featured speakers and panels that reinforced that today’s Republican Party and “conservative movement” have rejected multiracial pluralistic democracy and seek to replace it with a White Christofascist Apartheid plutocracy.
In contrast to Donald Trump’s awfully awesome speech at CPAC on Saturday, President Biden solemnly warned reporters, again, that the 2024 Election is an existential battle for the country’s democracy and the soul of the nation where our most fundamental freedoms as Americans are imperiled.
The most disturbing thing I’ve ever heard a president say did not come from Donald Trump.
It came from Joe Biden. Speaking with reporters in California on Thursday, the president said this about Donald Trump. “Two of your former colleagues not at the same network personally told me if he wins, they will have to leave the country because he’s threatened to put them in jail,” Biden told Katie Couric. “He embraces political violence,” Biden said of Trump “No president since the Civil War has done that. Embrace it. Encourages it.”
Perhaps I should have been shocked at the revelation that Trump, should he return to power, would jail reporters. I wasn’t of course. I had to fight him (and beat him) three times in court during his first administration to keep my White House press pass. I had already privately heard Trump’s threats. It was just disturbing to hear Joe Biden confirm it publicly. …
That is why the world cannot see Trump back in the White House. He knows nothing but divisiveness. And Biden was right to point out that Trump wants to jail reporters.
Trump supporters don’t care. But I’ve eaten Texas jail food, so I do.
When Einstein fled Germany he fled the poison of nationalism and longed for a country of civil liberty and tolerance. The closest he found was here in the United States. Where is it today? More importantly, where will it be after the November general election?
As always, believe the autocrat-dictator or other such political thug. He or she – in this case Donald Trump – is not kidding or joking.
Echoing Karem’s experience, I have talked to members of the pro-democracy movement (specifically journalists and reporters), and they have shared with me how they are in the process of deciding if they will stay here in the United States or flee the country if Dictator Trump and his regime takes power in 2025.
On Election Day, which will be here very soon, the American people have a choice to make. Last weekend’s CPAC conference was just one more escalation in the direct and transparent threats and dangerousness of Trumpism and American neofascism. If Trump wins on Election Day, the American people cannot say they were surprised by the hell he and his regime and followers will unleash on the country. The American people were told repeatedly what would happen and through both their active and tacit support for Trumpism and neofascism (indifference or otherwise not voting for President Biden and by implication American democracy in this decisive moment) allowed it to happen. How great is the American people’s drive to self-destruction? We will soon find out in eight or so months.
Putin’s Allies Accused of Plotting Another Russian Land-Grab
Shannon Vavra – February 26, 2024
Reuters/ Sergei Savostyanov/ Sputnik
An opposition official in Transnistria, the Kremlin-backed breakaway region in Moldova, has warned that the pro-separatist government will be holding an extraordinary session of congress to formally request Russian annexation this week.
“A request should be voiced, on behalf of citizens living on the Left Bank, to Russia, to accept Transnistria into the Russian Federation, and on February 29, Putin will announce this in his address,” Chorba said in a post on social media.
Moldova has long been warning of a Russian destabilization plot that has threatened to upend its existing pro-western government and influence elections. Last year, U.S. and Moldovan officials told The Daily Beast that a “very intense” Russian influence operation intended to undermine the government was underway.
Moldovan president Maia Sandu, who is running for reelection this fall, has also warned of a Russian plot to stage a coup against her administration.
Concerns about Russia and Transnistria potentially unifying coincide with a concerted effort by the Moldovan government to join the European Union. Last year, the European Council announced it was opening negotiations for Moldovan accession.
Moldova declared independence from the Soviet Union in 1991, but officials believe that Russia has desires to envelope it back into its fold.
Just last week, the European Union imposed sanctions on a paramilitary group and six individuals for allegedly destabilizing Moldova.
“Serious and increasingly intense attempts to destabilize the country are being made again and again,” Josep Borrell, the European Union’s High Representative for Foreign and Security Policy, said in a statement announcing the sanctions this week.
Chorba warned Sandu that Putin and his allies are unlikely to be deterred.
“Mrs. President Sandu, your surroundings frightened you in any way that Russia would strike the territory of Moldova,” he said. “You didn’t take into account one thing that the psychology of the current Russian leadership, particularly Putin, is very similar to the psychology of Hitler, in the late 1930s. Attempts to pacify people like Putin lead to only one thing—a growing appetite of the aggressor.”
Officials in neighboring Ukraine have voiced doubt about whether Transnistria will follow through with an annexation request.
Ukrainian President Volodymyr Zelensky said Sunday he is not convinced they will move forward. “I am not sure that the Transnistrians—or whoever is present at the congress—will take this step next week. I am not sure based on the information I have,” he said, adding that Ukraine has not received any requests from Moldova to supply military aid.
At any rate, Ukraine has made its position on Transnistria clear. Senior Ukrainian diplomat Paun Rohovei met with Moldovan officials to discuss the threat last week, after which the Ukrainian Foreign Ministry issued a statement vowing to “resolutely” respond to such provocation.
“Ukraine stands solely for the peaceful settlement of the Transnistrian issue with the preservation of the sovereignty and territorial integrity of the Republic of Moldova within its internationally recognized borders,” the Ukrainian Foreign Ministry said. “At the same time, Kyiv will resolutely respond to any provocations aimed both at dragging the Transnistrian region into Russia’s war against Ukraine and at destabilizing the situation in Moldova as a whole.”
31,000 Ukrainian troops killed since the start of Russia’s full-scale invasion, Zelenskyy says
Associated Press – February 25, 2024
Ukrainian President Volodymyr Zelenskyy answers media questions during his press conference in Kyiv, Ukraine, Sunday Feb. 25, 2024. (AP Photo/Evgeniy Maloletka)Ukrainian President Volodymyr Zelenskyy arrives before a press conference in Kyiv, Ukraine, Sunday Feb. 25, 2024. (AP Photo/Evgeniy Maloletka)
KYIV, Ukraine (AP) — Ukrainian President Volodymyr Zelenskyy said Sunday that 31,000 Ukrainian soldiers have been killed in action in the two years since Russia launched its full-scale invasion.
Zelenskyy said that the number was far lower than estimates given by Russian President Vladimir Putin’s government.
“31,000 Ukrainian military personnel have been killed in this war. Not 300,000, not 150,000, not whatever Putin and his deceitful circle have been lying about. But nevertheless, each of these losses is a great sacrifice for us”, Zelenskyy said at the “Ukraine. Year 2024” forum in Kyiv.
The Ukrainian leader said that he wouldn’t disclose the number of troops that were wounded or missing. He also said that “tens of thousands of civilians” had been killed in occupied areas of Ukraine, but said that no exact figures would be available until the war was over.
“We don’t know how many of our civilians they killed. We don’t,” he said.
It’s the first time that Kyiv has confirmed the number of its losses since the start of Russia’s full-scale war on Feb. 24, 2022.
Russia has provided few official casualty figures. The most recent data from the Defense Ministry, published in January 2023, pointed to just over 6,000 deaths, although reports from U.S. and U.K. officials put that number significantly higher.
A U.S. intelligence report declassified in mid-December 2023 estimated that 315,000 Russian troops had been killed or wounded in Ukraine. If accurate, the figure would represent 87% of the roughly 360,000 troops Russia had before the war, according to the report.
Independent Russian news outlet Mediazona said Saturday that about 75,000 Russian men died in 2022 and 2023 fighting in the war.
A joint investigation published by Mediazona and Meduza, another independent Russian news site, indicates that the rate of Russia’s losses in Ukraine is not slowing and that Moscow is losing about 120 men a day.
Perspective: Two years into the war, language has become a symbol of Ukrainian strength
Mariya Manzhos – February 24, 2024
Ukrainian flags were on display during a rally commemorating the one-year anniversary of the Ukraine-Russia war, at the Capitol in Salt Lake City on Saturday, Feb. 25, 2023. | Ryan Sun, Deseret News
Two years ago, I was in Southern California when I got the news that Russia had launched a full-scale invasion of Ukraine. It was my daughter’s 5th birthday and on the docket were a visit to the zoo, cake with cousins and a long-awaited trip to Disneyland the next day. While physically I was with my children, my mind was at home in Kyiv, Ukraine — with my parents.
There, the panic had begun within hours of Vladimir Putin’s announcement of a “special military operation.” People were scrambling to find transportation to evacuate, highways westward jammed with traffic. Horror stories spread quickly and nobody knew what would happen next. I wrote about evacuating my family from Ukraine for Deseret in March of 2022.
The past two years became a process of learning how to live with grief and uncertainty, and how to inhabit two realities at once: one of my life stateside — safe, quiet, predictable — and one in which missiles and shrapnel are destroying homes every day, killing soldiers and children, while the end of the war in my homeland seems to grow increasingly distant.
More than 10,000 Ukrainian civilians have died in the war, according to the Office of the United Nations High Commissioner for Human Rights, and about 70,000 soldiers have been killed, according to U.S. officials. Since February of 2022, more than 6 million people have left the country and nearly 3.67 million are internally displaced. And it’s estimated that 83,000 Russian soldiers died in the war, according to new data from two independent Russian media outlets.
Today, two years since the invasion and 10 years since the annexation of Crimea in 2014, the war has stalled due to the shortage of artillery ammunition, with Ukraine recently losing Avdiivka last week, an industrial city in the Donetsk region.
And while the path forward as the war drags on is uncertain, Ukrainians themselves have never been more sure of who they are.
Despite the recent disappointments on the battlefield, the unity and sense of national identity that were forged at the expense of tragedy and lives have not waned. A recent study from the Ministry of Culture asked 3,200 Ukrainians from several regions to rank their Ukrainian consciousness — how Ukrainian they felt — regardless of where they were born (most identified as Ukrainian citizens). The study found in two years of the war people self-identify more strongly as Ukrainians, and cited deepened interest in the country’s history and culture. The common cultural heritage fueled the emotional resolve to resist the occupants, the study said.
I, too, have grown closer to my Ukrainian culture and language since the invasion by reading poetry, learning new vocabulary and discovering Ukrainian music. In the face of the looming threat of losing my native culture, clinging to it feels urgent and necessary.
This week, as the world marked the second anniversary of the invasion, Ukrainians on Feb. 21 celebrated International Mother Language Day, a UNESCO holiday that found particular resonance with Ukrainians this year. In honor of the occasion, I had a chance to speak about my efforts to return to my native Ukrainian language with students at Odesa National University in a virtual event — which had to be rescheduled due to a prolonged air raid.
Growing up in the 1990s in Kyiv, I spoke Russian at home with my family, even though Ukrainian was the dominant language at my school and in more formal settings. Making an intentional effort to speak Ukrainian has felt like tapping into the part of my Ukrainian identity that’s often been overshadowed by my American one, since I have lived in the U.S. for over 20 years. As I listened to the Ukrainian language and literature professors from Odesa National University, I was struck by their earnest commitment to the language that, unlike me, they use and teach every day. For them too, Ukrainian was no longer just a language of communication, but a way of fighting this war.
One professor spoke about the disagreements in 1917 over whether Russian or Ukrainian should be the language of Orthodox church services and how language separatism led to a religious one. Literature expert Tetyana Shevchenko spoke about drawing strength in times of despair from the poetry of Taras Shevchenko (no relation), a national bard of Ukraine who spent half of his life in serfdom under the Russian empire. She read a few lines from his poem about casting out an adversary from the Ukrainian land.
“I trust his words, and I know this is exactly how it’s going to be,” she said. “Sometimes, when I feel lost, I start reading Shevchenko; his words help me believe in the freedom that I know will come.”
Philologist Larysa Shevchuk invited the students to raise their future children speaking Ukrainian. “We’re in the existential battle for the survival of our nation and our language,” she said. The idea that language is the symbol of Ukrainian defiance and the means all Ukrainians can employ to fight the war resonated with me.
The celebration of my daughter’s birthday — she turned 7 this year— and the day of the full-scale invasion will always remain mutual reminders of one another, and polar opposites in the feelings they stir up. My daughter’s brightness helps me sustain hope that a peaceful future will come to Ukraine. But I also know the costs we will pay to get there.
Biden administration weighs taking actions without Congress to stem the migrant flow
Julia Ainsley, Julie Tsirkin and Gabe Gutierrez – February 21, 2024
WASHINGTON — The Biden administration is considering taking unilateral action without Congress to make it harder for migrants to pass the initial screening for asylum at the U.S.-Mexico border and quickly deport recently arrived migrants who don’t meet the criteria, say three U.S. officials with knowledge of the deliberations.
The actions, which are still weeks away from finalization, are an effort to lower the number of migrants crossing the southern border illegally as immigration remains a top issue for voters heading into the 2024 presidential election.
Under the new policies, asylum officers would be instructed to raise the standards they use in their “credible fear interviews,” the first screening given to asylum-seekers who are trying to avoid deportation for crossing the border illegally. And Immigration and Customs Enforcement would be told to prioritize recently arrived migrants for deportation, in a “last in, first out” policy, the officials said.
Hundreds of migrants arrive in Ciudad Juarez to cross into the United States before Title 42 ends (David Peinado Romero / Anadolu Agency via Getty Images file)
A congressional aide with knowledge of the deliberations said the Biden administration has yet to make a decision, but raising the bar on asylum and deporting more newly arrived migrants are considered “low hanging fruit” and actions that can be taken quickly.
The three U.S. officials said it is unclear whether the policies would be achieved through executive order or a new federal regulation, which could take months to implement.
Making it harder to claim asylum and fast-tracking migrants for deportation are not new ideas, but they are being considered more seriously as the Biden administration looks for ways to tamp down chaos at the border after Republicans blocked border security provisions in the National Security Supplemental bill earlier this month.
An administration official confirmed that the White House is exploring a series of policy options, but said that doesn’t guarantee any will come to pass.
In a statement, a White House spokesperson said, “The administration spent months negotiating in good faith to deliver the toughest and fairest bipartisan border security bill in decades. … Congressional Republicans chose to put partisan politics ahead of our national security. … No executive action, no matter how aggressive, can deliver the significant policy reforms and additional resources Congress can provide and that Republicans rejected.”
Without the bill, any action the president takes unilaterally will be limited in scope because the Department of Homeland Security is short on funding.
One DHS official expressed skepticism over the “last in, first out” policy because it would leave millions of migrants already in the U.S., including thousands of homeless migrants in major cities, in a long legal limbo as their immigration cases are pushed to the back of the line.
A spokesperson for DHS emphasized that Congress should still act to avoid compromising border enforcement.
“If Congress once again refuses to provide the critical funding needed to support DHS’s vital missions, they would be harming DHS’s efforts to deliver tough and timely consequences to those who do not have a legal basis to remain in the country,” the spokesperson said. “There are real limits to what we can do given current funding because Congress has failed to pass a budget or respond to the President’s two supplemental budget requests. We again call on Congress to act and provide the funding and tools our frontline personnel need.”
Thousands of student-loan borrowers are set to get emails from Biden that their balances are wiped out. Here’s what happens next.
Ayelet Sheffey – February 21, 2024
Biden announced $1.2 billion in student-debt cancellation for 153,000 borrowers.
It’s a result of early implementation of a SAVE plan provision to shorten the timeline for debt relief.
Biden is notifying impacted borrowers on Wednesday, and it could take a few weeks for servicers to apply the relief.
Student-loan borrowers, check your emails — you might find a message from President Joe Biden in your inbox telling you that your debt is canceled.
On Wednesday morning, the White House and Education Department announced it would be canceling $1.2 billion in student debt for 153,000 borrowers — the result of early implementation of a provision in the SAVE income-driven repayment plan that shortens the timeline for borrowers to see relief.
Beginning on Wednesday, borrowers in the first batch of relief will receive emails from Biden stating: “Congratulations—all or a portion of your federal student loans will be forgiven because you qualify for early loan forgiveness under my Administration’s SAVE Plan.”
“I hope this relief gives you a little more breathing room,” the email, a draft of which was reviewed by Business Insider, said. “I’ve heard from countless people who have told me that relieving the burden of their student loan debt will allow them to support themselves and their families, buy their first home, start a small business, and move forward with life plans they’ve put on hold.”
A White House fact sheet stated that the shortened timeline to forgiveness will especially help “borrowers with smaller loans and put many on track to being free of student debt faster than ever before.” Additionally, per the fact sheet, 7.5 million borrowers are enrolled in the SAVE plan, and 4.3 million of them have a $0 monthly payment.
Here’s what will happen next for borrowers who are, or hope to be, eligible for SAVE plan relief.
Next steps for SAVE plan debt relief
Biden’s email noted that the Education Department has already informed impacted borrowers’ loan servicers that they are eligible for relief. The relief will happen automatically, and borrowers who are notified will not need to take any action.
Servicers will notify borrowers that their forgiveness has been applied, but “it may take some time for your account with your servicer to reflect this change,” per the email. It recommends borrowers wait at least 21 days after being notified of the relief to contact their servicers if they still do not see the relief applied to their accounts.
The Education Department also said that beginning next week, it will start emailing borrowers not currently on the SAVE plan that they could become eligible for relief if they enroll. Borrowers already enrolled in SAVE but not included in the first batch of debt relief will have their loans automatically discharged once they meet the criteria, and the department will continue evaluating borrowers’ accounts “on a regular basis,” per its press release.
Biden’s email also cautioned borrowers to watch out for scams and said that any notification regarding debt relief would come from noreply@studentaid.gov, noreply@debtrelief.studentaid.gov, or ed.gov@public.govdelivery.com.
More upcoming student-debt relief
While the relief announced on Wednesday was a result of early implementation, other provisions of the SAVE plan will be going into effect in July. Those include cutting payments for undergraduate loans in half and allowing periods in deferment of forbearance to count toward forgiveness progress.
Beyond the SAVE plan, the Education Department is also planning to complete its one-time account adjustments for borrowers on income-driven repayment plans and Public Service Loan Forgiveness by July 1. The adjustments have so far given thousands of borrowers relief, but the department recommends borrowers who are not in the federal direct loan program or have federally-held loans in the Federal Family Education Loan program consolidate their loans by the end of April to benefit from the adjustment.
More broadly, on February 22 and 23, the department is holding its final negotiation session with stakeholders to help craft its second attempt at student-debt relief after the Supreme Court struck down the first plan. Once negotiations conclude, the department will prepare proposed text on the borrowers it’s seeking to include in this new relief plan.
In Navalny’s last letters, the Russian dissident called Trump’s agenda for a second term ‘really scary’
Kelsey Vlamis – February 20, 2024
Alexey Navalny, Vladimir Putin’s most prominent critic, commented on US politics months before his death.
Navalny expressed concern in letters to a friend over a potential second term for Donald Trump.
Trump briefly mentioned Navalny’s death in a Truth Social post on Monday.
Alexey Navalny, a dissident and the political nemesis of Russian President Vladimir Putin, spent the past few years of his life behind bars but still managed to stay connected to the outside world.
Letters from the final months of his life, obtained by The New York Times, show that Navalny, who’d been imprisoned since January 2021, managed to stay on top of current events — including in the US.
In a letter sent to a friend, a photographer named Evgeny Feldman, Navalny said former President Donald Trump’s agenda for a second term was “really scary,” according to the Times.
He said if President Joe Biden were to have a health issue, “Trump will become president,” adding: “Doesn’t this obvious thing concern the Democrats?”
In another letter to Feldman dated December 3, Navalny again expressed concern over Trump and asked his friend, “Please name one current politician you admire.”
Trump’s office didn’t immediately respond to a request for comment from Business Insider.
On December 6, Navalny disappeared from the IK-6 penal colony about 120 miles east of Moscow. He turned up again on Christmas Day when his lawyers announced they had located him at the IK-3 penal colony, about 1,000 miles northeast of Moscow, above the Arctic Circle.
The Times reported that Navalny’s communication ability from his new prison was greatly diminished.
The journalist Sergei Parkhomenko said he received a letter from Navalny on February 13, a few days before Navalny’s death was announced. In the letter, which Parkhomenko shared on Facebook, Navalny spoke of books and said he only had access to classics at his new prison.
“Who could’ve told me that Chekhov is the most depressing Russian writer?” he wrote.
Trump, for his part, didn’t mention Navalny in the days after his death, despite condemnations from other leaders who directly blamed Putin.
In a Truth Social post on Monday, Trump briefly mentioned Navalny before directing his ire at his own perceived political opponents: “The sudden death of Alexei Navalny has made me more and more aware of what is happening in our Country. It is a slow, steady progression, with CROOKED, Radical Left Politicians, Prosecutors, and Judges leading us down a path to destruction.”
Opinion: Smirnov indictment pushes GOP impeachment probe of Biden off the edge
Opinion by Dennis Aftergut – February 19, 2024
Editor’s Note: Dennis Aftergut, a former federal prosecutor, is currently counsel to Lawyers Defending American Democracy, a nonpartisan organization dedicated to preserving the rule of law. The views expressed here are his own. Read more opinion at CNN.
On Thursday, the Justice Department indicted Alexander Smirnov, a former FBI informant, for lying about President Joe Biden and his son Hunter Biden’s involvement in negotiations with the Ukrainian energy company Burisma Holdings. Smirnov is a central witness in the House Republicans’ Biden impeachment inquiry, which was already circling the drain as committee leaders have persisted in pursuing baseless allegations for political gain.
According to the indictment, Smirnov lied to the FBI by claiming that officials at Burisma, where Hunter Biden served on the board years ago, bribed then-Vice President Biden and his son so the vice president would interfere with a criminal investigation into the company. Smirnov now faces charges for making false statements to the FBI and creating false records.
Smirnov’s testimony has been the “heart” of House Oversight Committee Republicans’ stumbling “investigation” into impeaching President Biden. News of Smirnov’s indictment had Oversight Committee Chair James Comer of Kentucky beating a strategic retreat: “The impeachment inquiry,” he said on Thursday, “is not reliant on the FBI’s [interview of Smirnov]. It is based on a large record of evidence.”
That’s to be expected from politicians trying to salvage an investigation whose key witness has been exposed. With Smirnov’s indictment for fabricating claims, the air is out of the House inquiry’s tires. For those in the fact-based world, the oversight committee’s impeachment car, driven by Comer, is stuck on the edge of a cliff with two wheels hanging in thin air.
The Smirnov episode is Exhibit A in what happens when politicians grinding partisan axes make serious public charges without evidence against elected officials. That shameless behavior erodes citizens’ precious trust in government.
Prosecutors learn early that, in white-collar crimes, you’d better have indisputable documents or witnesses whose testimony is thoroughly corroborated before seeking an indictment. Otherwise, you can get seriously burned in the backfire.
As Hannah Arendt, the dean of 20th century political theorists, wrote in 1971 about years of government lies revealed in the Pentagon Papers amidst the Vietnam War, “There always comes the point beyond which lying becomes counterproductive.”
Politicians like Comer and GOP Ohio Rep. Jim Jordan, chairman of the House Judiciary Committee, could learn something from Arendt and from capable prosecutors about tossing aside facts and truth. Unfortunately, the MAGA committee chairs seem to have neither time nor interest in thought, care, competence or real evidence. All that seems to matter to them is repeating the charges enough times for them to sink into the public consciousness.
In 2016, there was no there there with House Republicans’ Benghazi investigation, but the smear looked like it had an adverse effect on former Secretary of State Hillary Clinton’s presidential campaign. So Republicans have apparently decided, “Let’s do it again.”
But don’t expect it to work this time. The very smart Democrats now on the House Oversight Committee learned from experience and are onto Comer’s political stunts. His claims have been called out by New York Rep. Dan Goldman, a former prosecutor who worked on the first impeachment of former President Donald Trump, and ranking member Rep. Jamie Raskin of Maryland, a constitutional scholar who served on the House Select Committee to Investigate the January 6th Attack on the United States Capitol.
As Yale professor Timothy Snyder, the eminent historian of 20th century totalitarianism, has written, “Students of democracy have argued since ancient times … that the truth matters, and that truth needs defenses.” We are lucky to have capable defenders of truth whose counter-punches have been stronger than Comer’s feckless jabs. They don’t carry the power of reliable facts.
With Smirnov, Comer has led with his jaw. When you are dealing with a shaky witness whose testimony is the key to your fight plan, you need to muscle up with corroboration. Comer has none.
Indeed, Comer and Jordan have overhyped Smirnov’s testimony so many times, according to the progressive watchdog Congressional Integrity Project, that it’s hard to keep count. To cite just one example, last June, Comer told Fox News’ Sean Hannity, “This is one of the highest paid, most respected, most trusted, most effective human informants. So what we learned is what the whistleblowers told Sen. Grassley all along. The FBI never investigated this.”
That last claim is yet another falsehood. This whole investigation into Burisma goes back five years. In early 2020, Rudy Giuliani, Trump’s disgraced lawyer who was trying to dig up dirt on Hunter’s father, handed documents over to Trump administration Attorney General Bill Barr. According to CNN reporting, Barr told reporters at the time, “‘We can’t take anything we receive from Ukraine at face value.’ Former Pittsburgh US Attorney Scott Brady oversaw the FBI investigation of the Giuliani claims. The 1023 document [memorializing Smirnov’s interview] demanded by Comer is among the products of that investigation. … The FBI and prosecutors who reviewed the information couldn’t corroborate the claims.”
There’s the rub. And Comer’s face plant by relying on Smirnov’s alleged lies is just the latest in a long string of leaning on witnesses who have provided no evidence of wrongdoing by President Biden. They include the president’s bookkeeper, Hunter Biden’s business associates, his art dealer and a host of others who’ve said that President Biden is a loving father but was not involved in his son’s business deals. Comer seems to have gone to the ends of the Earth to find dirt on the president. But the congressman has ended up with an empty dustbin.
Impeachment is the most serious non-criminal charge that Congress can bring against a federal official. It is no place to be inflating allegations and to be relying on witnesses whose testimony is not corroborated. Doing so drains public confidence in impeachment as a guardrail on executive abuses of power. Wild charges without basis in reliable evidence insult fact and truth, the foundations of democracy.
New York University professor Ruth Ben-Ghiat put it this way in her seminal book “Strong Men”: “The decay of truth and democratic dissolution proceed hand in hand.” Snyder makes the same point: “Once factual truth is no defense in politics, all that remains is spectacle and force.”
From Comer and Jordan, we’ve seen plenty of spectacle but an absence of light. These point men for Trump and truthlessness are dangers to democracy.
Indicted ex-FBI informant told investigators he got Hunter Biden dirt from Russian intelligence officials
Hannah Rabinowitz and Cheri Mossburg – February 20, 2024
The former FBI informant charged with lying about the Bidens’ dealings in Ukraine told investigators after his arrest that Russian intelligence officials were involved in passing information to him about Hunter Biden, prosecutors said Tuesday in a new court filing, noting that the information was false.
Prosecutors also said Alexander Smirnov has been “actively peddling new lies that could impact US elections” after meeting with Russian spies late last year and that the fallout from his previous false bribery accusations about the Bidens “continue[s] to be felt to this day.”
Smirnov claims to have “extensive and extremely recent” contacts with foreign intelligence officials, prosecutors said in the filing. They said he previously told the FBI that he has longstanding and extensive contacts with Russian spies, including individuals he said were high-level intelligence officers or command Russian assassins abroad.
Prosecutors with special counsel David Weiss’ team said Tuesday that Smirnov has maintained those ties and noted that, in a post-arrest interview last week, “Smirnov admitted that officials associated with Russian intelligence were involved in passing a story about Businessperson 1,” referring to President Joe Biden’s son, Hunter Biden.
The revelations about Smirnov’s alleged foreign contacts were disclosed as part of prosecutors’ arguments to keep him jailed ahead of trial – though a federal judge later granted Smirnov’s release with several conditions, including GPS monitoring and the surrender of his two passports. Smirnov declined to answer questions as he left the courthouse Tuesday evening.
Prosecutors alleged that Smirnov “claims to have contacts with multiple foreign intelligence agencies,” including in Russia, and that he could use those contacts to flee the United States.
The explosive revelation comes amid backlash over how Smirnov’s now-debunked allegations played into House Republicans’ impeachment inquiry into the president.
Smirnov has been charged with lying to the FBI and creating false records. He has not yet entered a formal plea, and his lawyers told CNN in a statement, “Mr. Smirnov is presumed innocent.”
According to the new court filing, Smirnov told investigators he was in contact with “four different Russian officials,” all of whom are “top officials” and two of whom “are the heads of the entities they represent.” Prosecutors did not independently verify in the filing whether Smirnov’s reported contacts are legitimate, nor whether the Russians provided him with disinformation about the Bidens.
The false information that Smirnov reported “was not trivial,” prosecutors wrote.
“It targeted the presumptive nominee of one of the two major political parties in the United States. The effects of Smirnov’s false statements and fabricated information continue to be felt to this day,” prosecutors said, making an apparent reference to the turmoil in Congress over the discredited bribery allegations – which were a key element of the GOP impeachment probe.
Of particular note is a story Smirnov allegedly told the FBI in September 2023, alleging that Hunter Biden was recorded making phone calls in a Kyiv hotel that is “wired” and “under the control of the Russians.” Federal agents said they knew Smirnov’s story was false because Hunter Biden has “never travelled to Ukraine.”
Smirnov told investigators Russian intelligence officers would use the hotel to intercept cell phone calls made by “prominent US persons,” prosecutors said, which the Russian government could use as “‘kompromat’ in the 2024 election, depending on who the candidates will be.” Kompromat is a Russian term that refers to compromising information used for blackmail.
The story, prosecutors noted, matches the story Smirnov told his handler about Hunter Biden being recorded in a foreign hotel.
“Thus, Smirnov’s efforts to spread misinformation about a candidate of one of the two major parties in the United States continues,” prosecutors wrote.
And, prosecutors wrote, Smirnov claims to have met with Russian intelligence officials as recently as November and December 2023.
“What this shows is that the misinformation he is spreading is not confined to 2020,” they wrote. “He is actively peddling new lies that could impact U.S. elections after meeting with Russian intelligence officials in November. In light of that fact there is a serious risk he will flee in order to avoid accountability for his actions.”
Weiss’ team argued in court Tuesday that Smirnov could use his foreign contacts, including those in Russia, to flee the country and resettle abroad out of reach from the US government. The judge pushed back on the prosecutors’ assertion, and sternly warned Smirnov while granting his release: “Do not make a mockery of me.”
This story has been updated with additional details.
CNN’s Holmes Lybrand and Cheri Mossburg contributed to this report.
