10/24/2025 | Press release | Distributed by Public on 10/25/2025 09:55
Washington, DC - Congresswoman Marcy Kaptur (D-OH-09), Congressman Joe Wilson (R-SC-02), Congressman Steve Cohen (D-TN-09), and Congressman Tom Kean (R-NJ-07) introduced the bipartisan REPO Implementation Act of 2025. This new legislation builds off the REPO for Ukrainians Act, which was signed into law by President Joe Biden as part of the Ukraine Security Supplemental Appropriations Act, 2024 and allowed for the repurposing of a sizeable subset of frozen Russian sovereign assets for Ukraine. REPO 2.0 jumpstarts the process of transferring assets to Ukraine, providing a way forward for allies to finally implement this common sense measure to make Russia pay for its war.
"Last year, Congress overwhelmingly passed the Rebuilding Economic Prosperity and Opportunity (REPO) for Ukrainians Act to ensure that Russia alone is held responsible for the death and destruction that Dictator Putin has forced upon the free people of Ukraine," said Congresswoman Marcy Kaptur (OH-09), Co-Chair and Co-Founder of the Congressional Ukraine Caucus. "While that step was an essential one, which we took along with our other allies for Liberty, more can be done. Today, Congress follows through on the promise of the REPO Act and ups the pressure on Putin's Russia to come to the table for peace with the introduction of this new bipartisan legislation. Together, we will push Russia's bloody incursion back across their own borders and rebuild Ukraine so that it can take its long-sought place among the free democratic nations in Europe."
"War criminal Putin chose to invade Ukraine. Despite losing his war, he continues mass murder and destruction while abducting and erasing identities of Ukrainian children. I was grateful to be among the first supporters of the original REPO Act, and I am grateful to sponsor the REPO Implementation Act of 2025 to ensure that Putin's own money is used to help Ukraine defend itself against Russian aggression," said Congressman Joe Wilson (SC-02), Co-Chair of the Congressional Ukraine Caucus.
"Vladimir Putin put his corrupt money in the United States and Europe, and we froze it. The REPO for Ukrainians Act was a major accomplishment last year, and we must continue this progress with the REPO Implementation Act. This bill ensures that this blood money will now be put to good use supporting the Ukrainians who Putin has attacked. This is a matter of basic justice-the aggressor must pay for his aggression," said Congressman Steve Cohen (TN-09).
"Russia's unprovoked invasion of Ukraine continues to inflict tremendous suffering on the Ukrainian people. By repurposing frozen Russian sovereign assets in the United States, we can ensure that Russia bears the cost of Putin's aggression. The REPO Implementation Act establishes a clear framework to provide Ukraine with consistent investments from the United States and encourages our G7 allies to do the same. Together, these efforts will help Ukraine sustain its defense and sovereignty, rebuild what Putin's forces have destroyed, and strengthen Europe's collective security," said Congressman Thomas Kean Jr. (NJ-07).
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