REPO Implementation Act of 2025

HR 5835, the REPO Implementation Act of 2025, establishes a mechanism to use frozen Russian sovereign assets held abroad for Ukraine's benefit. It creates a "Ukraine Support Fund" to hold these assets without confiscation and requires the U.S. Treasury to invest them in U.S. government obligations. The bill mandates quarterly transfers of at least $250 million from the fund to Ukraine for assistance, with final amounts spent when less remains. It also requires the President to report to Congress on Russian assets held by foreign countries (including G7/EU members) and urges diplomatic efforts to secure similar asset repurposing from those nations.