2023 National Defense Authorization Act Targets Russia’s Gold Reserves

Dec 15, 2022

Russia invaded Ukraine in February of this year, causing a standstill in energy exports for months and leading to the current energy crisis in Europe. Last week, the U.S. House of Representatives approved the annual National Defense Authorization Act, which will increase the Department of Defense’s spending to $857.9 billion in fiscal year 2023.

The spending legislation authorized $30.3 billion for national security programs in the Department of Energy and…

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