US Is Stalling on G-7 Plan to Expand Use of Russian Assets

The US is balking at a European Union-led plan for Group of Seven nations to expand the use of frozen Russian assets to support Ukraine, according to people familiar with the discussions.

US officials informed their European counterparts that they won’t, for now, be joining the initiative during conversations on the sidelines of the International Monetary Fund meeting in Washington last week, the people said, asking not to be named as the talks were private. The US cited risks to market stability as the reason for its reluctance, one of the people said. Another said the US simply was non-committal ...