US: House votes 368-57 to pass $40 billion Ukraine bill
|The House on Wednesday passed a $39.8 billion military and humanitarian aid package for Ukraine, as it fights off the Russian aggression.
Key details
in an overwhelming 368 to 57 vote, weeks after lawmakers overwhelmingly approved $13.6 billion in emergency aid for the war effort.
That total — roughly $53 billion over two months — is poised to amount to the largest foreign aid package to move through Congress in at least two decades.
The legislation is expected to head to the Senate within the coming days.
Market reaction
The US dollar index is easing slightly below 104.00, as traders brace for the critical inflation data. The spot is down 0.08% on the day.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.