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Biden Giving Billions To Who?

by Market FinancePosted onAugust 22, 2022August 22, 2022

This is a very controversial decision.

President Biden is now pushing for the release of billions of dollars worth of frozen assets and is giving it back to Afghanistan even after the Taliban has refused to cooperate with the United States.

According to Fox, the United States along with a number of other countries froze billions of dollars worth of foreign-held assets which previously belonged to the Afghanistan government.

The Biden administration along with the United Nations are working to release the funds to help stabilize the Afghan economy which has completely collapsed under Taliban control. Many Humanitarian organizations are urging Biden to do so because many Afghan people could face hunger due to the upcoming winter.

The United States does not want to give this massive sum of money directly to the Taliban however. They want to create a Swiss trust fund and will slowly distribute the funds as needed for humanitarian aid.

Several nonprofits warned President Biden earlier this year that the Taliban was using this money for personal matters instead of humanitarian aid like the U.S. wants them to.

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