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.