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Free AccessPelosi Pledges Support For Ukraine Amid Concerns GOP Will Move To Block Aid
US House Speaker Nancy Pelosi (D-CA) has said during a speech at the International Crimea Platform in in Zagreb, Croatia that the US will continue funding Ukraine’s military and humanitarian needs “until victory is won.”
- Pelosi said: "Congress has secured over $60 billion in security, economic, humanitarian and budget assistance for Ukraine, including twelve and a third billion just weeks ago. And more will be on the way when we pass our omnibus funding bill this fall.”
- The GOP is expected to take control of lower chamber in the midterm elections and Democrats have expressed concern that the likely incoming Speaker Kevin McCarthy (R-CA) will rein in Congressional aid to Ukraine and apply more robust oversight on existing funding.
- Rep. Mike Turner (R-OH) also warned that the GOP will challenge efforts by Democrats to attach Ukraine aid to the omnibus funding package in the lame duck session of Congress.
- A showdown over Ukraine funded may draw McCarthy and the Trump-aligned Freedom Caucus into conflict with Senate Minority Leader Mitch McConnel (R-KY) who stated this week his intention to accelerate Ukraine aid if Republicans take the Senate.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.