White House addresses reports that Russia may seize U.S. business assets

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White House addresses reports that Russia may seize U.S. business assets
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'Any lawless decision by Russia to seize the assets of these companies will ultimately result in even more economic pain for Russia,' the White House said.

condemning Putin's actions. Psaki made it clear that any seizures would result in further consequences for the Russian economy.

"As President Biden said earlier this week, we welcome the decisions of companies to exit Russia because they want no part of Russia's war of choice against Ukraine," the tweets continued."Any lawless decision by Russia to seize the assets of these companies will ultimately result in even more economic pain for Russia."

"Russia may also invite legal claims from companies whose property is seized," Psaki said."We stand with American companies who are making tough decisions regarding the future of their Russian operations."

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