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Senators to discuss freezing Russian gold with Yellen
A bipartisan group of senators is working with the Treasury Department to try to lock down Russia's roughly $132 billion in gold reserves after its invasion of Ukraine. Why it matters: The collaborative approach is a departure from congressional efforts to shame and blame the Biden administration to shape moves on Russian oil imports, or the SWIFT banking system. If successful, it could drive more work across the aisle and along both ends of Pennsylvania Avenue, as the president balances diplomatic pressures abroad with political pressures at home. Driving the news: Treasury Secretary Janet Yellen will meet this week ... (full story)