Watch CBS News

President Biden To Release Billions Of Frozen Afghan Funds For 9/11 Victims, Humanitarian Aid

NEW YORK (CBSNewYork) -- The Biden administration could soon release funds for 9/11 victims.

President Biden is expected to use executive authority to access about $7 billion from the Afghan Central Bank's assets, which are frozen in the American funding system.

The money would fund humanitarian relief in Afghanistan and compensate victims of the terror attacks.

A portion of the funds would also be used in ongoing litigation by American victims of terrorism.

View CBS News In
CBS News App Open
Chrome Safari Continue