The Biden administration is expected to announce on Friday its decision to split $7 billion in frozen Afghan funds between certain relatives of 9/11 victims and humanitarian aid for Afghanistan, The New York Times reports.
Afghanistan's central bank had deposited the $7 billion in assets in the Federal Reserve Bank of New York before the Taliban takeover, notes the Times.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
How Canadian tariffs could impact tourism to the USIn the Spotlight Canadians represent the largest group of foreign visitors to the United States. But they may soon stop visiting.
-
Entitlements: DOGE goes after Social SecurityFeature Elon Musk is pushing false claims about Social Security fraud
-
The Week contest: Amazon BondPuzzles and Quizzes
-
Rep. Sylvester Turner dies, weeks after joining HouseSpeed Read The former Houston mayor and longtime state legislator left behind a final message for Trump: 'Don't mess with Medicaid'
-
Trump pauses Ukraine intelligence sharingSpeed Read The decision is intended to pressure Ukrainian President Volodymyr Zelenskyy into peace negotiations with Vladimir Putin
-
Supreme Court rules against Trump on aid freezeSpeed Read The court rejected the president's request to freeze nearly $2 billion in payments for foreign humanitarian work
-
Trump touts early wins in partisan speech to CongressSpeed Read The president said he is 'just getting started' with his sweeping changes to immigration, the economy and foreign policy
-
Trudeau blasts Trump's 'very dumb' trade warSpeed Read Retaliatory measures have been announced by America's largest trading partners following Trump's tariffs on Canada, Mexico and China
-
Trump pauses military aid to Ukraine after public spatSpeed Read Trump and J.D. Vance berated Volodymyr Zelenskyy for what they saw as insufficient gratitude
-
Trump's Mexico and Canada tariffs begin, roiling marketsSpeed Read Stocks plunged after Trump affirmed that the tariffs would take effect, sparking a likely trade war
-
Judge tells White House to stop ordering mass firingsspeed read The ruling is a complication in the Trump administration's plans to slash the federal workforce
