"Biden Appoints Penny Pritzker as U.S. Representative for Ukraine's Economic Revival"

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Source: The New York Times
"Biden Appoints Penny Pritzker as U.S. Representative for Ukraine's Economic Revival"
Photo: The New York Times
TL;DR Summary

President Biden will appoint former commerce secretary Penny Pritzker as the special representative for Ukraine's economic recovery, signaling the administration's focus on Ukraine's long-term economic survival amid its ongoing war with Russia. Pritzker will work with Ukraine's government, US allies, international financial institutions, and the private sector to rebuild the Ukrainian economy and attract investment. The appointment comes as attention shifts towards Ukraine's economic and military survival, with estimates suggesting that rebuilding infrastructure and urban areas could cost over $400 billion. Pritzker, a prominent figure in the Democratic Party, will travel to Ukraine to assess the state of its economy and meet with political and business leaders.

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