Russia’s gold reserves a target in US defense spending bill
Russia's gold reserves a target in U.S. defense spending bill The U.S. continues to target Russia's massive gold reserves in an effort to sanction the country for its nearly year-long invasion of Ukraine. Thursday, the U.S. House of Representatives passed the annual National Defense Authorization Act, which will boost defense spending to a record $858 billion next year. However, the spending bill also includes an amendment that makes it difficult for Russia to use its massive horde of gold. The…