The Trump administration's Justice Department has disbanded a Biden-era program aimed at seizing the assets of Russian oligarchs as a means to punish Russia for its invasion of Ukraine.
A multimillion-dollar home is close to falling into the Cape Cod Bay.
In a memo addressed to all employees Wednesday — the first day of Bondi’s tenure — the attorney general’s office stated that “attorneys assigned to those initiatives shall return to their prior posts, and resources currently devoted to those efforts shall be committed to the total elimination of Cartels and TCOs” — an acronym for Transnational Criminal Organizations.
The Justice Department on Wednesday also shifted its approach to enforcement of a World War II-era law known as the, which requires people to disclose to the government when they lobby in the U.S. on behalf of foreign governments -- including Russia -- or political entities. Under the policy change, prosecutors were directed to focus criminal enforcement on acts of more traditional espionage rather than registration violations.
Despite the disbanding of the task force, Trump administration officials, including Treasury Secretary Scott Bessent, have called for a more aggressive stance on Russia.“I believe the previous administration was worried about raising U.S. energy prices during an election season,” he said. Trump has said he will bring about a rapid end to the war in Ukraine and said talks are ongoing to bring the conflict to a close. “We made a lot of progress on Russia, Ukraine,” Trump saidHussein reports on the U.S. Treasury Department for The Associated Press. She covers tax policy, sanctions and any issue that relates to money.
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