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President Joe Biden wants Congress to approve an additional $33 billion in aid for Ukraine, which is on top of the $13.6 billion in military, economic and humanitarian assistance that U.S. lawmakers authorized last month.
A Biden administration official told reporters that the figure includes more than $20 billion in military and other security assistance, $8.5 billion in economic assistance, and $3 billion in humanitarian assistance and food-security funding.
Biden is going to give a speech about his request to Congress at 10:45 a.m. On Thursday. The White House said that he would give remarks on support for Ukrainians defending their country and their freedom against Russia.
There is bipartisan support for the fight against Russia in the U.S., which is why lawmakers are ready to approve more money.
The administration is sending a proposal to Congress that will make it easier for the US to hold Russia accountable for its actions in the war on Ukraine.
The White House said in a statement that the proposal would allow the proceeds to flow to Ukraine. The U.S. government's ability to investigate and prosecute sanctions evasion would be strengthened.
Russia's offensive in the east has picked up steam, and the United Nations Secretary-General visited towns outside the capital of Kyiv where evidence of mass killings of civilians was found.
Meta Platforms results weren't as bad as expected, as investors largely brushed off data showing a contraction in first-quarter gross.
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