President Biden has signed an executive order aimed at taking the first steps to try to free up some $3.5 billion in frozen Afghan assets held in the U.S. to be used for humanitarian relief in Afghanistan.
But because the Taliban controls the country — and has been sanctioned as a terrorism organization — the U.S. government is looking to set up a third-party trust fund to administer and distribute the aid.
Some $7 billion in assets of the former Afghan central bank are frozen in U.S. banks. Some families…
