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In this January 6, 2021, file photo, Nancy Pelosi speaks in the US House Chamber after they reconvened for arguments over the objection to certifying Arizona's Electoral College votes in November's election, at the Capitol in Washington. Photo: Jim Lo Scalzo/Sputnik.
The US House of Representatives passed legislation on Saturday to transfer frozen Russian sovereign assets to Ukraine and ban TikTok unless it severs ties to its Chinese parent company.
House lawmakers passed the bill, dubbed the 21st Century Peace through Strength Act, in a vote of 360 in favor and 58 opposed.
The legislation allows the executive branch to transfer frozen Russian sovereign assets to Ukraine, sanctions Iran, disrupts the ability of Palestinian organization Hamas to fund terrorism and sanctions entities involved in international fentanyl trafficking.
GT Voice: Western Plan To Seize Russian Assets a Dangerous Precedent
Moreover, the bill prevents app stores or web hosting services in the United States from featuring TikTok unless it severs ties to Chinese parent company ByteDance.
Russia views attempts by the US and EU to seize Russian assets as theft and also an act of trade war, and Foreign Ministry spokeswoman Maria Zakharova has warned that Moscow would have a tough response to such an escalation of economic aggression.
(Sputnik)
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