From WSJopinion: Through the IMF, the U.S. gave Russia $17 billion while troops gathered on Ukraine’s border, writes SenJohnKennedy. Let’s shut off the spigot to communists and terrorists and make sure it stays shut
Journal Editorial Report: Democrats face the severe political challenge of high energy costs. Image: Michael Nagle/Bloomberg NewsU.S. European Command warned a year ago that a crisis could be imminent in Ukraine. Vladimir Putin had set up more than 100,000 members of his military to breathe down Ukraine’s neck—the biggest mobilization since Russia annexed Crimea in 2014. As Mr.
President Biden and Treasury Secretary Janet Yellen ultimately got what they wanted in August, when the IMF doled out more money in one general allocation than ever before. The $650 billion outlay of IMF IOUs backed by the U.S. Treasury—called special drawing rights—sent money to Moscow while the world watched Mr. Biden abandon Bagram Air Base to the Taliban. Iran gained access to about $4.5 billion through the IMF deal, and China had a windfall of $40 billion.
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