On October 10, the United States announced the release of $20 billion in funding for Ukraine, part of a larger $50 billion loan commitment made by G7 nations. This funding will be managed through a World Bank intermediary fund and sourced from the interest on frozen Russian assets due to sanctions. U.S. Treasury Secretary Janet Yellen emphasized the importance of this financial support for Ukraine as the Biden administration seeks to expedite aid before the upcoming transition to the Trump administration.