After months of deliberations involving top officials in the Justice, State, and Treasury departments, the Biden administration has decided what it’s going to do with the $7 billion in Afghan funds currently frozen at the Federal Reserve in New York. Half of the sum is going to go to the Afghan people to whom the money belongs, and half will go to families of 9/11 victims.
The White House said in a statement that the executive order laying out the administration’s plan for the funds “is designed to provide a path for the funds to reach the people of Afghanistan, while keeping them out of the hands of the Taliban and malicious actors.”
The logistics of accomplishing this are complicated considering the money belongs to Afghanistan, but Afghanistan is now controlled by the Taliban, which the U.S. does not recognize as a legitimate ruling body. The executive order Biden signed…
