Congressman Jake Auchincloss Co-Sponsors Yachts for Ukraine Act
Thanks to the Office of Congressman Jake Auchincloss for sharing this news with Westwood Minute.
Congressman Jake Auchincloss, a Major in the Marine Reserves, former cybersecurity manager, and Representative for Massachusetts's 4th Congressional District (that includes Dover, Medfield and Needham) is co-sponsor of H.R. 7187, a bill that was introduced in the House on March 21, 2022 and is known as the Yachts for Ukraine Act.
The bill would provide humanitarian assistance to Ukraine by authorizing the President to freeze, seize, and liquidate the assets of Russian oligarchs and senior political figures of the Russia Federation. This funding could then be directed to humanitarian help for Ukraine.
Says Rep. Auchincloss, “Now is the time to hit and to hit hard. Yachts for Ukraine is a clear and simple message to Russian oligarchs that regardless of where you are trying to hide your ill-gotten wealth, we are going to freeze and seize it and we are going to use it to help humanitarian aid in Ukraine."