Senator Lindsey Graham and Senator Richard Blumental appear on CBS with the always dramatic Margaret Brennan to discuss what President Trump is going to do against Russia and President Vladimir Putin tomorrow. Senator Lindsey Graham is very happy with the plans President Trump will outline tomorrow; very happy.
The action appears to center around the confiscation of Russian assets, Russian central bank reserves held in European bonds. The money belongs to the people of Russia in the form of bonds previously purchased by Russia using a system that many nations follow, including all those nations who buy U.S. treasuries.
If the USA or Europe end up confiscating those funds, the only thing this action would prove is that the western financial system cannot be trusted. Many Nations are already reluctant, some fleeing from EU/U.S treasuries as a result of this threat, and we are seeing changes in the bond rates as a result. Senator Graham doesn’t care about the strategic financial interests of the USA, he’s more concerned about fighting Russia regardless of long-term ramifications. WATCH:
[TRANSCRIPT] – MARGARET BRENNAN: Good morning, and welcome to Face the Nation. We have a lot to get to this morning. So, let’s begin with Senator Lindsey Graham in Clemson, South Carolina, and Senator Richard Blumenthal in Bridgeport, Connecticut. They both just returned from Europe, where they met with Ukrainian President Zelensky. Good morning to you both, Senators.
SENATOR RICHARD BLUMENTHAL: Good morning.
SENATOR LINDSEY GRAHAM: Good Morning.
MARGARET BRENNAN: Senator Graham, I want to start with you. Russia is escalating. They’re not ending this war in Ukraine. NATO’s Secretary General is going to be here, in Washington, this week and will be meeting with President Trump, who is, according to our reporting, considering fresh funding for Ukraine. That would be the first time since he’s taken office. What do you know about what is coming?




