Tag: Zelenskyy

  • If Zelenskyy did resign, who might lead Ukraine?

    If Zelenskyy did resign, who might lead Ukraine?

    Questions surrounding the resignation of Ukrainian President Volodymyr Zelensky sparked on Friday after Sen. Lindsey Graham, R-SC, suggested he may need to step down after a spat erupted between him and President Donald Trump during live coverage.

    But that wasn’t the first time the Republican Party has  suggested such a move, and it began earlier this month after Trump pushed the idea following a call with Russian President Vladimir Putin. 

    Trump first said Ukraine should hold elections after falsely claiming he only enjoyed a 4% approval rating, though under Ukraine’s constitution the country cannot hold elections when Martial Law is in effect during a time of war. 

    President Donald Trump, right, meets with Ukrainian President Volodymyr Zelenskyy in the Oval Office at the White House, Friday, Feb. 28, 2025 in Washington.  (AP Photo/ Mystyslav Chernov)

    WORLD LEADERS BACK ZELENSKYY FOLLOWING TRUMP, VANCE OVAL OFFICE SPAT

    Zelenskyy, whose approval rating is closer to 63% according to a Reuters report, on Friday once again reiterated he would resign if Kyiv was granted NATO membership. 

    Ultimately, he emphasized during an interview with Fox News’ Bret Baier, that just like in the U.S. where “Americans vote for American president,” just as “each European country vote for their president,” the same sovereign right is held in Ukraine – suggesting it is not a negotiating tactic he will allow Trump to use to appeal to Putin. 

    But who may be in the running should Zelenskyy ever decide to step down?

    Vitali Klitschko

    Mayor of Kyiv Vitali Klitschko

    Mayor of Kyiv Vitali Klitschko at the site of a missile hitting a high-rise residential building on June 24, 2023 in Kyiv, Ukraine.  (Oleksandr Gusev/Global Images Ukraine via Getty Images)

    The former boxer-turned politician who has served as the mayor of Kyiv since 2014 with strong support among those living in the capital city, has also proven himself on the international stage.

    In a trip to Brussels earlier this month, Klitschko stressed the need to stand behind Zelenskyy as he fielded verbal attacks from the Trump administration while also trying to counter Putin’s war. 

    The voice of support for the Ukrainian leaders was particularly noticeable given his previous criticism of Zelenskyy.

    During his trip last week, Klitschko reportedly emphasized that an election could “destroy the country from within” while it faces existential threats from the north and on its eastern flank.

    ZELENSKYY SPEAKS OUT AFTER PUBLIC SPAT WITH TRUMP, VANCE, SAYS DUSTUP ‘BAD FOR BOTH SIDES’

    Ruslan Stefanchuk

    Ruslan Stefanchuk

    Chairman of the Verkhovna Rada Ruslan Stefanchuk (L) shakes hands with Head of the Security Service of Ukraine Vasyl Malyuk (R) during the ‘Ukraine. Year 2025’ forum on February 23, 2025 in Kyiv, Ukraine. Forum ‘Ukraine. Year 2025’ is dedicated to the third anniversary of Russia’s full-scale invasion of Ukraine. It discusses the most important issues of the country’s development. (Photo by Ivan Antypenko/Suspilne Ukraine/JSC UA:PBC/Global Images Ukraine via Getty Images)

    Stefanchuk, the chairman of Ukraine’s Parliament, has also reportedly been floated as a potential future contender for the top role in Ukraine. 

    Though Stefanchuk is said to be a top ally of Zelenskyy, he has ardently rejected the recent international suggestions  that Ukraine hold elections.

    In a Facebook post earlier this month he argued that “If there is anyone who needs to be forced into real, free and fair elections, it is [Putin].”

    He noted that Ukraine needs “bullets, not ballots,” according to a report by Newsweek. 

    Kyrylo Budanov

    Kyrylo Budanov

    Chief of the Defense Intelligence of Ukraine Kyrylo Budanov gives an interview in Kyiv, Ukraine.  (Photo by Vitalii Nosach/Global Images Ukraine via Getty Images)

    Head of Ukraine’s GUR military intelligence agency, Budanov, could be another who may be a contender for the top job in Kyiv given.

    Budanov, who has not expressed a desire to seek high office according to a Newsweek report, happens to have an even higher trust rating than Zelenskyy among Ukrainians. 

    The military intelligence head earlier this month apparently voiced his confidence that Ukraine may finally be able to reach a peace deal after three years of war.

    “I think it is going to happen. There are most of the components for it to happen,” Budanov reportedly said during a YouTube interview. “How long it will be, how effective it will be – [is] another question.”

    General Valery Zaluzhny

    Valery Zaluzhny, Ukraine's top general, sitting down a meeting

    Valery Zaluzhny, Former Commander-in-Chief-of-the-Armed-Forces-of-Ukraine. (@CinC_AFU)

    The former Commander-in-Chief of Ukraine’s armed forces, Zaluzhny, and presently his country’s ambassador to the U.K. is seen as a popular and credible successor to Zelenskyy if the president were to step aside. 

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    Zaluzhny and Zelenskyy have had their differences, resulting in the general being dismissed from his military post in 2024. Carnegie Politika blog recently reported that his popularity is strong, with 80% of Ukranians saying they trust him. The publication also noted that a hypothetical second-round runoff between the two resulted in a statistical tie.

    Zaluzhny has not said if he would challenge Zelenskyy or if he was even interested in running for the president. 

  • Zelenskyy faces perilous re-election odds as US, Russia push Ukraine to go to the polls as part of peace deal

    Zelenskyy faces perilous re-election odds as US, Russia push Ukraine to go to the polls as part of peace deal

    Nearly one year past the expiration of President Volodymyr Zelenskyy’s first five-year term, the U.S. and Russia are in agreement that Ukrainians must go to the polls and decide whether to keep their head of state. 

    Russia has insisted it will not sign a peace agreement until Ukraine agrees to hold elections, and the U.S. is now “floating” the idea of a three-stage plan: ceasefire, then Ukrainian elections, then inking of a peace deal. 

    Zelenskyy’s term in office was supposed to end last May, with elections originally slated for April 2024. But the president’s aides have said elections will not be held until six months after the end of martial law. The Ukrainian constitution prohibits holding elections under martial law. 

    With his popularity having plummeted nearly 40% since the war’s outbreak, Zelenskyy’s future could be in jeopardy if peace is reached and elections are triggered. 

    US, RUSSIAN OFFICIALS PROPOSE PEACE PLAN, LAY ‘GROUNDWORK FOR COOPERATION’ IN RIYADH

    Putin has said he won’t sign a peace agreement unless Ukraine agrees to hold elections. (Sputnik/Mikhail Metzel/Pool)

    Earlier this month, Trump’s envoy for Russia and Ukraine Keith Kellogg said Washington wants Kyiv to hold elections, possibly by the end of the year, as soon as a peace deal is brokered. 

    Zelenskyy shot back that Ukrainians were alarmed by such statements.

    “It is very important for Kellogg to come to Ukraine. Then he would understand the people and all our circumstances,” Zelenskyy said, in comments to The Guardian. 

    Other U.S. politicians called for Ukraine to have its elections on schedule last year. 

    AMERICAN DETAINED IN RUSSIA RELEASED AS OFFICIALS WORK TO SET UP POTENTIAL TRUMP-PUTIN MEETING

    Ukraine advocates say post-war elections would be a far better option, but elections offer Russia an opportunity to sow chaos. 

    “The only person that benefits from elections before there’s a durable peace deal is Putin,” said Andrew D’Anieri, fellow at the Atlantic Council’s Eurasia Center. “The Kremlin loves elections, not in their own country, but elsewhere, because it provides an opportunity to destabilize things.”

    Ukraine’s former President Petro Poroshenko also claimed that Ukrainian authorities would have an election before the end of the year. “Write it down – Oct. 26 this year,” he said in a recent interview. 

    But Davyd Arakhamia, the parliamentary leader of Zelenskyy’s Servant of the People party, denied Poroshenko’s claim in a Telegram post. 

    Ukrainian President Volodymyr Zelenskiy looks on during a briefing with visiting U.S. Secretary of the Treasury Scott Bessent (not pictured), in Kyiv, Ukraine, February 12, 2025.

    Zelenskyy has resisted lifting martial law to be able to hold elections. (Reuters/Valentyn Ogirenko/File Photo)

    “During martial law, elections are impossible to hold […] The leaders of all parties have agreed that elections will not be held until at least six months after the end of martial law,” Arakhamia said.

    Poroshenko, Ukraine’s president from 2014 to 2019 who amassed his fortunes in the confectionary business, lost out to Zelenskyy in his bid for a second term. Seen as a possible contender for a rematch, Poroshenko previously opposed holding elections before the war’s conclusion, arguing Putin would use propaganda to undermine them. 

    But some have begun to question whether Zelenskyy could survive a re-election campaign. 

    Zelenskyy saw approval rates soar to 90% at the onset of the war in 2022, but took a dip to around 50%, according to a Kyiv International Institute of Sociology (KIIS) poll of 2,000 respondents in December. 

    “Zelenskyy’s prospects to win the elections are contingent upon the exact terms of the ceasefire, namely, the public perception of them as a ‘victory,’ ‘honorable draw’ or ‘defeat,’” said Ivan Gomza, public policy professor at the Kyiv School of Economics. “The cessation of hostilities are hardly plausible in 2025. Moreover, elections require preparations… elections are very unlikely until at least 2026. 

    U.S. Secretary of State Marco Rubio, U.S. National Security Advisor Mike Waltz and U.S. Middle East envoy Steve Witkoff attend an interview after meeting with Russian Foreign Minister Sergei Lavrov and Russian President Vladimir Putin's foreign policy advisor Yuri Ushakov

    U.S. officials were in Riyadh to meet with their Russian counterparts on a peace agreement on Tuesday. (Reuters/Evelyn Hockstein/Pool)

    “Zelensky is unlikely to win the elections, if they were to be held in Ukraine, because his popularity dropped significantly at the end of 2024,” said Russian-born U.S. intelligence expert Rebekah Koffler. “Ukrainians are exhausted by the war and many have come to the realization that it’s unwinnable for Ukraine.” 

    “The Russians, in turn, will almost certainly run clandestine operations to influence the elections in order to elect a pro-Russian candidate,” Koffler added. 

    Zelenskyy has also lost his main benefactor from the first election, Ihor Kolomoyski, who was indicted in both the U.S. and Ukraine on charges of money laundering and bank fraud. 

    Zelenskyy’s main opponent is expected to be Valerii Zaluzhnyi, a four-star general and the current ambassador to the United Kingdom. Zelenskyy fired Zaluzhnyi as head of the armed forces last year in a major – and politically unpopular – shakeup. Zaluzhny had claimed the war with Russia had reached a stalemate in late 2023. 

    PUTIN VIEWED AS ‘GREAT COMPETITOR’ BUT STILL A US ‘ADVERSARY’ AS UKRAINE NEGOTIATIONS LOOM, LEAVITT SAYS

    Members of the Ukrainian and US Delegation meet in Munich

    Vice President JD Vance, Secretary of State Marco Rubio and others attend a meeting with Ukraine President Volodymyr Zelenskyy on the sidelines of the Munich Security Conference in Germany, on Feb. 14, 2025. (Olha Tanasiichuk/Ukrinform/ABACAPRESS.COM)

    Russia, though it insists on elections as part of negotiations, is not likely to win a more favorable, pro-Russia Ukrainian government in any outcome of an election.

    “All the frontrunners in the election will be pro-Western, pro-European candidates who want to defend the country against Russia and probably agree on most matters, including on foreign affairs and defense, but have their own kind of domestic political issues where they differ,” said D’Anieri. 

    “The only people that come anywhere close to Zelenskyy in the polls are people like General Zaluzhnyi, with really established, patriotic credentials in Ukraine,” said Henry Hale, professor at George Washington University who specializes in public opinion in Ukraine. “Any of the pro-Russian forces don’t really have much standing there.” 

    Zelenskyy banned 11 political parties over ties to Russia in 2022. Many of the nation’s pro-Russia lawmakers have fled over the border – and four MPs were stripped of their Ukrainian citizenship over ties to Russia in 2023. 

    Some lawmakers who belonged to the outlawed political groups simply switched party affiliations. And faced with a dwindling coalition without elections to replace members of parliament who switch jobs or join the military, Zelenskyy has since been forced to rely on members of parliament who were previously part of the now-banned pro-Russia parties for votes. 

    Hale predicted that if an election were held before a peace deal had been inked, it would boost Zelenskyy’s chances of re-election. 

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    “Even though there are a lot of people in Ukraine who don’t think that he’s done the best job managing the war effort, there’s still a very strong push in the population to rally support around him as the symbol of the resistance.

    “A lot of people who are actually critical of him would still vote for him, just so as not to risk changing horses in midstream,” Hale went on. “If you get a peace deal, it has credible security guarantees in it, then, yeah, afterwards they have elections, and you might see some real strong competition. 

    “And I think at that point it becomes a very open question whether or not Zelenskyy would win.” 

  • Trump addresses Ukraine-Russia peace talks, says Zelenskyy will be involved

    Trump addresses Ukraine-Russia peace talks, says Zelenskyy will be involved

    President Donald Trump spoke about his plans to end the Russo-Ukrainian War during a press gaggle on Sunday, stating that he believes the leaders of both countries “want to stop fighting.”

    Speaking on the tarmac at Palm Beach International Airport in West Palm Beach, Florida, on Sunday afternoon, Trump said that he’s currently in the process of “trying to get peace with Russia, Ukraine.”

    “And we’re working very hard on it,” he said. “It’s a war that should have never started.”

    When asked if Ukrainian President Volodymyr Zelenskyy is expected to be involved in the conversations, Trump replied in the affirmative.

    TRUMP DETAILS HIS RECIPROCAL TARIFF PLANS, ASKS FOREIGN COUNTRIES TO ‘TREAT US FAIRLY’: ‘DELIVER RECIPROCITY’

    President Donald Trump speaks to reporters upon arrival in West Palm Beach, Fla., U.S., Sunday. (Reuters/Kevin Lamarque)

    “He will be involved, yes,” Trump said. When asked by a reporter, Trump also said he would allow Europeans to purchase American-made weapons sold to Ukraine.

    The Republican president went on say that he believes Russian President Vladimir Putin, who began the war in February 2014 with the annexation of Crimea and escalated it in February 2022 by invading Ukraine, wants to bring the war to an end.

    “I think he wants to stop fighting,” Trump said. “They have a big, powerful machine, you understand that? And they defeated Hitler and they defeated Napoleon. You know, he’s been fighting a long time…I think he would like to stop fighting.”

    EMMANUEL MACRON CALLS ‘EMERGENCY MEETING’ FOR EUROPEAN LEADERS TO DISCUSS TRUMP: REPORT

    U.S. President Donald Trump speaks to reporters West Palm Beach

    President Donald Trump steps from Air Force One upon arrival in West Palm Beach, Fla., Sunday. (Reuters/Kevin Lamarque)

    “Zelenskyy wants to end it, too.”

    Trump’s comments came shortly after a “Meet the Press” interview with Zelenskyy aired on NBC, in which the Ukrainian leader discussed Putin and claimed that he “fears” Trump.

    “I said that [Putin] is a liar,” Zelenskyy said of a recent phone call to Trump. “And he said, ‘I think my feeling is that he’s ready for these negotiations.’ And I said to him, ‘No, he’s a liar. He doesn’t want any peace.’”

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    U.S. President Donald Trump speaks to reporters West Palm Beach

    President Donald Trump speaks to reporters in West Palm Beach, Fla, Sunday. (Reuters/Kevin Lamarque)

    “But I think he’s really a little bit scared about the President Trump,” Zelenskyy added. “And I think the president has this chance, and he’s strong. And I think that really, he can push Putin to peace negotiations. Yes, I think so. I think he can, but don’t trust him. Don’t trust Putin. Don’t trust just words about ceasefire.”

    Fox News Digital’s Emma Colton and Brooke Curto contributed to this report.

  • Putin’s a ‘little bit scared’ of Trump as nations begin peace talks, Zelenskyy says

    Putin’s a ‘little bit scared’ of Trump as nations begin peace talks, Zelenskyy says

    Russian President Vladimir Putin is a “little bit scared” of President Donald Trump, Ukrainian President Volodymyr Zelenskyy said in an interview that aired Sunday.  

    Zelenskyy joined NBC’s “Meet the Press,” recounting that when he spoke to Trump by phone about a potential peace deal between Russia and Ukraine, he told the president that he believes Putin fears the American leader. 

    “I said that [Putin] is a liar,” Zelenskyy recounted of his phone call to Trump. “And he said, ‘I think my feeling is that he’s ready for these negotiations.’ And I said to him, ‘No, he’s a liar. He doesn’t want any peace.’ 

    “But I think he’s really a little bit scared about the President Trump. And I think the president has this chance, and he’s strong. And I think that really he can push Putin to peace negotiations. Yes, I think so. I think he can, but don’t trust him. Don’t trust Putin. Don’t trust just words about ceasefire,” Zelenskyy told NBC’s Kristen Welker on “Meet the Press.” 

    Zelenskyy’s interview follows Trump announcing last Wednesday that Putin had agreed to “immediately” begin peace negotiations to end the war. Trump tapped Secretary of State Marco Rubio, CIA Director John Ratcliffe, National Security Advisor Michael Waltz and special envoy to the Middle East Steve Witkoff to lead negotiations with Russia and Ukraine. 

    TRUMP SAYS RUSSIA AGREES TO ‘IMMEDIATELY’ BEGIN NEGOTIATIONS TO END WAR IN UKRAINE

    Russian President Vladimir Putin, President Donald Trump, Ukrainian President Volodymyr Zelenskyy (Sputnik/Alexei Danichev/Pool via Reuters/Leah Millis/Alina Smutko)

    PUTIN VIEWED AS ‘GREAT COMPETITOR’ BUT STILL A US ‘ADVERSARY’ AS UKRAINE NEGOTIATIONS LOOM, LEAVITT SAYS 

    Zelenskyy said during his interview that he trusts Trump’s leadership amid negotiations to end the war that has raged between Russia and Ukraine since 2022, but that he won’t accept a deal that did not include talks with Ukraine. 

    “I believe and trust only in real steps. And I trust President Trump because he’s the president of the United States, because your people, your people voted for him, and I respect their choice, and I will work with President Trump with trust, which I have to the United States,” Zelenskyy told Welker when asked if he feels Trump values Ukraine at the same level as Russia. 

    FREED AMERICAN HOSTAGE MARC FOGEL LANDS IN US AFTER YEARS IN RUSSIAN CAPTIVITY

    Russia-Putin

    Russian President Vladimir Putin holds a meeting with members of the Security Council via videoconference at the Kremlin in Moscow, May 13, 2024. (Aleksey Babushkin, Sputnik, Kremlin Pool Photo)

    “But of course, I want to have [a] real meeting, productive, without just words, with concrete steps, and to hear us, to hear President Trump, to make a common plan, and to share it with allies, then with Russians, and stop this war. I think we need it urgently. We have to do it without basic things, where there are concrete steps.”

    Zelenskyy added in his interview that he will not accept any negotiation hashed out by just the U.S. and Russia.

    ‘NO REASON’ FOR NEW NUKES: TRUMP FLOATS DISARMAMENT TALKS WITH CHINA, RUSSIA

    “I will never accept any decisions between the United States and Russia about Ukraine. Never.… The war in Ukraine is against us, and it is our human losses. And we are thankful for all the support, unity between USA – in USA around Ukraine support, bipartisan unity, bipartisan support, we’re thankful for all of this. But there is no… leader in the world who can really make a deal with Putin without us about us,” he said. 

    Ukrainian President Volodymyr Zelenskyy talks to President Donald Trump

    Former President Donald Trump and Ukrainian President Volodymyr Zelenskyy meet at Trump Tower in New York City, Sept. 27, 2024. (Reuters/Shannon Stapleton/File Photo)

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    Witkoff joined Fox News earlier on Sunday and reported that he and Waltz are heading to Saudi Arabia on Sunday evening to begin negotiations on ending the war between Russia and Ukraine. 

  • Chernobyl plant’s protective shell hit by Russian drone, Zelenskyy says damage ‘significant’

    Chernobyl plant’s protective shell hit by Russian drone, Zelenskyy says damage ‘significant’

    An alleged drone struck the protective shell covering the Chernobyl Nuclear Power Plant in Ukraine early Friday, and Ukrainian President Volodymyr Zelenskyy is pointing the finger at Russia. 

    The International Atomic Energy Agency reported on X that overnight Thursday, the IAEA team at the Chornobyl site heard an explosion coming from the New Safe Confinement.

    The site protects the remains of the nuclear reactor that exploded in Chernobyl in 1986 and was reportedly set ablaze after an unmanned aerial vehicle (UAV) struck the NSC roof. Zelenskyy said initial assessments show “the damage to the shelter is significant.” 

    Zelenskyy took to X stating that the incident occurred when allegedly a “Russian attack drone with a high-explosive warhead struck the shelter.”

    RUSSIA LAUNCHES FRESH DRONE ATTACK AGAINST UKRAINE SHORTLY AFTER TRUMP-PUTIN PHONE CALL

    Surveillance footage from his posts shows the moment the drone impacts the dome, causing an explosion.

    “The shelter at the Chernobyl NPP was damaged by this drone. The fire has been extinguished. As of now, radiation levels have not increased and are being constantly monitored,” Zelenskyy added. “According to initial assessments, the damage to the shelter is significant.”

    PUTIN VIEWED AS ‘GREAT COMPETITOR’ BUT STILL A US ‘ADVERSARY’ AS UKRAINE NEGOTIATIONS LOOM, LEAVITT SAYS

    While the incident is currently still under investigation, Zelenskyy claimed the alleged attack was the result of a terrorist threat.

    “This shelter was built by Ukraine together with other countries of Europe and the world, together with America – all those committed to real security for humanity,” Zelenskyy said in his post. “The only country in the world that attacks such sites, occupies nuclear power plants, and wages war without any regard for the consequences is today’s Russia. This is a terrorist threat to the entire world. The shelter at the Chornobyl NPP was damaged by this drone.”

    Russia has denied any involvement. 

    Teams assess the damage after what was said to be a drone struck the protective shell at the Chernobyl plant.  (@ZelenskyyUa)

    The IAEA said its fire safety personnel were able to respond in minutes and there was no indication of a breach in NSC’s inner containment.

    The agency also reported that there were currently no casualties, but are monitoring the situation and radiation levels inside and outside remain normal and stable. 

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    The explosion comes as world leaders are meeting in Munich, Germany on Friday for the Munich Security Conference where the future of Ukraine and its ongoing war with Russia will be the top item on the agenda. 

  • Ukraine reports drone attack not long after Trump talks with Putin, Zelenskyy

    Ukraine reports drone attack not long after Trump talks with Putin, Zelenskyy

    Ukraine’s air force indicated in a Facebook post on Thursday that the Eastern European nation had been targeted in a drone attack overnight.

    “85 ENEMY UAVS SHOT, 52 DRONES FAILED TO REACH THEIR TARGETS (LOCATIONALLY LOST),” the top of the post read, according to a Google translation of the Ukrainian text.

    The announcement came after U.S. President Donald Trump noted on Wednesday that he had spoken to both Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskyy.

    TRUMP SAYS RUSSIA AGREES TO ‘IMMEDIATELY’ BEGIN NEGOTIATIONS TO END WAR IN UKRAINE

    Ukraine’s President Volodymyr Zelensky speaks during a joint press conference with the President of the European Investment Bank (EIB) in Kyiv on Feb. 10, 2025, amid the Russian invasion of Ukraine (TETIANA DZHAFAROVA/AFP via Getty Images)

    In a Truth Social post, the president described his call with Putin as “lengthy and highly productive.” 

    During President Joe Biden’s White House tenure, the U.S. provided billions worth of assistance to Ukraine as the embattled nation has been contending with a Russian onslaught.

    But Trump is pushing for an end to the years-long war between the two foreign nations.

    UKRAINE REGAINING PRE-2014 BORDERS IS ‘UNREALISTIC OBJECTIVE,’ HEGSETH SAYS IN FIRST NATO VISIT

    He said in the post that he and Putin “both agreed, we want to stop the millions of deaths taking place in the War with Russia/Ukraine.”

    “We have also agreed to have our respective teams start negotiations immediately, and we will begin by calling President Zelenskyy, of Ukraine, to inform him of the conversation, something which I will be doing right now,” he noted.

    In a post later on Wednesday, Trump said his talk with Zelenskyy had gone “very well.” 

    PUTIN VIEWED AS ‘GREAT COMPETITOR’ BUT STILL A US ‘ADVERSARY’ AS UKRAINE NEGOTIATIONS LOOM, LEAVITT SAYS

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    “He, like President Putin, wants to make PEACE,” Trump noted.

  • Treasury Secretary Bessent discusses economic deal offered to Ukraine’s Zelenskyy

    Treasury Secretary Bessent discusses economic deal offered to Ukraine’s Zelenskyy

    EXCLUSIVE: Treasury Secretary Scott Bessent said on Wednesday that funding for Ukraine will come with a new level of “transparency” under the Trump administration.

    Dispatched by President Donald Trump as part of an effort to end the conflict with Russia, Bessent spoke with FOX Business correspondent Edward Lawrence in Ukraine after offering an economic investment deal related to rare earth materials to Ukrainian President Volodymyr Zelenskyy.

    “I think by going into partnership with the U.S., it gives a new level of transparency to Ukrainian business,” Bessent said. “And the way we are going to structure the U.S. interest in the fund is very high corporate hygiene standards, best practices. And one assumes that will then be transmitted to the larger Ukraine as a whole.”

    TREASURY SECRETARY BESSENT OFFERS ZELENSKYY AN ECONOMIC INVESTMENT DEAL

    Treasury Secretary Scott Bessent was dispatched to Ukraine as part of an effort to end the conflict with Russia. (Vincent Alban/Bloomberg via Getty Images)

    Bessent added that the deals the U.S. is involved in will have very high standards and full accountability for any money that the nation is owed.

    Zelenskyy said he would review the U.S. proposal and respond by Friday when he meets with Vice President JD Vance in Munich. Secretary of State Marco Rubio will also lead the U.S. delegation at the meeting.

    JD VANCE, TREASURY’S BESSENT TO MEET WITH UKRAINE PRESIDENT

    While details of the deal have not been disclosed, Bessent said that it anticipates that the U.S. is entitled to revenues that Ukraine is already receiving from some resources. He added that the timing of how quickly the deal will be implemented depends on “the appetite for risk-taking” from the parties that want to commit.

    “The real payoff will be when the conflict ends and there is the rush to rebuild Ukraine,” the treasury secretary said. Wall Street firms including JPMorgan and BlackRock have reportedly discussed investing in the war-torn region, as reported by FOX Business in 2023. 

    Ukrainian President Volodymyr Zelenskyy United Nations

    Ukrainian President Volodymyr Zelenskyy addresses the 78th United Nations General Assembly at U.N. headquarters in New York City on Sept. 19, 2023. (Timothy A. Clara/AFP via Getty Images)

    As of mid-2024, Congress has approved $175 billion in aid and military assistance to the Ukrainian government since Russia’s invasion in February 2022, according to the nonpartisan Committee for a Responsible Federal Budget.

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    The economic deal tied to rare earth materials is the first step in Trump’s deal to restore peace between Ukraine and Russia, Bessent said.

    When asked how it fits into a greater peace deal, he said, “It will be showing the Russians that we have an enduring alliance with Ukraine, and then more assets that the U.S. government, U.S. entities have on the ground in Ukraine – that should act as a deterrent over the long run to any more incursions by the Russians.”

  • Treasury Secretary Bessent offers Zelenskyy an economic investment deal

    Treasury Secretary Bessent offers Zelenskyy an economic investment deal

    Treasury Secretary Scott Bessent, in a meeting with Ukrainian President Volodymyr Zelenskyy, discussed an economic investment deal related to rare earth materials. 

    FOX Business’ Edward Lawrence reported Zelenskyy would review the proposal and respond on Friday when he meets with Vice President JD Vance. 

    President Donald Trump dispatched Vance and Bessent to the war-torn region in an effort to end the conflict with Russia. 

    JD VANCE, TREASURY’S BESSENT TO MEET WITH UKRAINE PRESIDENT

    Hours after Bessent’s meeting with Zelenskyy, Trump said he spoke to the Ukrainian president about peacemaking efforts in the region. He said that Vance and Secretary of State Marco Rubio will lead the delegation at Friday’s meeting in Munich.

    Ukrainian President Volodymyr Zelenskyy addresses the 78th United Nations General Assembly at the U.N. headquarters in New York City on Sept. 19, 2023. (Timothy A. Clara/AFP via Getty Images / Getty Images)

    “I am hopeful that the results of that meeting will be positive. It is time to stop this ridiculous War, where there has been massive, and totally unnecessary, DEATH and DESTRUCTION,” Trump posted on Truth Social. “God bless the people of Russia and Ukraine!”

    Russia invaded Ukraine in February 2022 and the war has raged since. Trump has said that the war would not have happened if he had been in the White House and not former President Joe Biden. 

    TRUMP NAMES TREASURY SECRETARY SCOTT BESSENT AS ACTING DIRECTOR OF THE CONSUMER FINANCIAL PROTECTION BUREAU

    In the past few years, Zelenskyy has also visited the U.S., meeting with top Wall Street executives to discuss rebuilding Ukraine’s infrastructure. FOX Business was first to report that firms including JPMorgan and BlackRock had participated in some of the meetings in 2023. 

    UKRAINE’S ZELENSKYY MEETS WITH JPMORGAN CEO JAMIE DIMON

    Zelenskyy also attended the World Economic Forum in Davos, Switzerland, in 2024, where he was photographed greeting JPMorgan CEO Jamie Dimon. 

    Ukrainian President Volodymyr Zelenskyy Jamie Dimon Davos Switzerland

    Ukrainian President Volodymyr Zelenskyy, right, meets with JPMorgan Chase CEO Jamie Dimon in Davos, Switzerland, in January 2024. (JPMorgan Chase & Co. / Fox News)

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  • JD Vance, Treasury Sec Scott Bessent to meet with Zelenskyy as Trump team sets sights on Russia-Ukraine war

    JD Vance, Treasury Sec Scott Bessent to meet with Zelenskyy as Trump team sets sights on Russia-Ukraine war

    Vice President JD Vance will meet with President Volodymyr Zelenskyy on Friday after years of railing against the U.S.’ continued funding of Ukraine in the war against Russia. 

    The vice president will meet with Zelenskyy on the sidelines of the Munich Security Conference, a Vance spokesperson confirmed to Fox News Digital, just ahead of U.S. envoy Keith Kellogg’s trip to Ukraine on Feb. 20. 

    Trump announced on Tuesday he would also send Treasury Secretary Scott Bessent to meet with Zelenskyy in Ukraine. 

    “This War MUST and WILL END SOON — Too much Death and Destruction. The U.S. has spent BILLIONS of Dollars Globally, with little to show,” Trump wrote on Truth Social. 

    ‘LET’S DO A DEAL’: ZELENSKYY CALLS TRUMP’S TERMS ACCEPTABLE FOR SECURITY PARTNERSHIP

    Then-Republican presidential nominee Donald Trump, right, and Ukrainian President Volodymyr Zelenskyy meet at Trump Tower in New York City on Sept. 27, 2024. (REUTERS/Shannon Stapleton/File Photo)

    Bessent is expected to talk about sanctions, rare Earth minerals and where U.S. funding has gone with the Ukrainian leader. 

    Trump tasked Kellogg with hashing out a peace deal with Ukraine and Russia to bring the three-year-long war to an end. Last week Kellogg met with Ukrainian delegations at the State Department.  

    Secretary of State Marco Rubio and Defense Secretary Pete Hegseth are also attending the conference where the Russia-Ukraine war is sure to be a top focal point. 

    RUSSIA SAYS US RELATIONS ‘ON THE BRINK OF A BREAKUP,’ WON’T CONFIRM TRUMP-PUTIN TALK

    The U.S. does not have a concrete plan yet to end the war, contrary to public reporting, and is listening to concerns and proposals from allies, a European official familiar with peace talks told Fox News Digital. 

    “Munich is too soon to unveil a Ukraine peace plan,” the official said. “The negotiations between the principals – Trump, Zelenskyy, Putin – will be tough. All options to end the killing are on the table – the course of action will be Trump’s call. There’s still plenty of room to ramp up sanctions.” 

    Vice President JD Vance will meet with the Ukrainian leader after years of railing against funding

    Vice President JD Vance will meet with President Volodymyr Zelenskyy on Friday after years of railing against the U.S.’ continued funding of Ukraine in the war against Russia. (Getty Images)

    Trump said last week he might meet with Zelenksyy himself in the days ahead. 

    “I will probably be meeting with President Zelenskyy next week and I will probably be talking to President Putin,” Trump said. 

    In an interview with Fox News’ Bret Baier Monday night, Trump emphasized the need for Ukraine to give the U.S. access to its rare Earth minerals in exchange for its defense. He also suggested Ukraine “may be Russian” someday. 

    “They may make a deal, they may not make a deal. They may be Russian some day, or they may not be Russian some day,” Trump mused. 

    “We are going to have all this money in there, and I say I want it back. And I told them that I want the equivalent, like $500 billion worth of rare Earth,” Trump said. “And they have essentially agreed to do that, so at least we don’t feel stupid.”

    TRUMP’S ‘RARE’ PRICE FOR US MILITARY AID TO UKRAINE CALLED ‘FAIR’ BY ZELENSKYY

    Treasury Sec Scott Bessent to travel to Ukraine

    President Donald Trump announced he would send Treasury Secretary Scott Bessent to Ukraine. (Vincent Alban/Bloomberg via Getty Images)

    Both Zelenskyy and Putin have remained opposed to direct talks with each other. Putin is demanding that Ukraine withdraw from regions in the south and east that Kyiv still has control over. Zelenskyy has scoffed at any territorial concessions to Moscow, though he has admitted Ukraine may have to rely on diplomatic means to take back some of its territory. 

    Vance was long at the forefront of opposition to Ukraine aid in the Senate. 

    “I gotta be honest with you, I don’t really care what happens to Ukraine one way or another,” he said in February 2022 as Russia invaded. 

    “Vladimir Putin is not Adolf Hitler. It doesn’t mean he’s a good guy, but he has significantly less capability than the German leader did,” Vance said in an April 2024 speech on the Senate floor.

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    A Munich Security report, released just days before world leaders gather in Germany, said that Trump’s election has turned the U.S. into a “risk to be hedged against.”

    “Without global leadership of the kind provided by the United States for the past several decades, it is hard to imagine the international community providing global public goods like freedom of navigation or tackling even some of the many grave threats confronting humanity,” the report warned. “The US may be abdicating its historic role as Europe’s security guarantor – with significant consequences for Ukraine.”

  • Zelenskyy ready ‘to do a deal’ with Trump on raw earth minerals and military assistance

    Zelenskyy ready ‘to do a deal’ with Trump on raw earth minerals and military assistance

    Ukrainian President Volodymyr Zelenskyy is preparing to meet with Vice President JD Vance at the Munich Security Conference later this week after confirming on Friday he is ready to “do a deal” with President Donald Trump.

    According to an interview with Reuters, Zelenskyy said he was ready to supply the U.S. with rare-earth minerals in exchange for Washington’s continued backing of its war effort.

    “If we are talking about a deal, then let’s do a deal, we are only for it,” Zelenskyy said. 

    ZELENSKYY WANTS NUKES OR NATO; TRUMP SPECIAL ENVOY KELLOGG SAYS ‘SLIM AND NONE’ CHANCE

    President Volodymyr Zelenskyy has said he is ready to “do a deal” with President Trump about Ukraine’s rare-earth minerals in exchange for continued financial support. (AP Photo/Laurent Cipriani)

    The Ukrainian president has made clear he is also open to engaging in peace talks with Russia to end the three-year-long war, though possible terms for securing a peace deal remain varied and unknown. 

    Though Zelenskyy has said he is looking for “guarantees” when it comes to future security assurances for the war-torn country.

    These security assurances will likely need to be more than a formal handshake paired with a signed document, as Russia has twice violated its last agreement with Ukraine, known as the 1994 Budapest Memorandum. 

    The deal saw Kyiv hand over its nuclear arsenal to Moscow for dismantlement in exchange for sovereignty and independence guarantees from Russia, the U.S. and the U.K. However, the agreement did not stop Russia from invading Ukraine twice under Russian President Vladimir Putin.  

    Zelenskyy apparently first floated the idea of trading Ukraine’s mineral resources – roughly 20% of which are located in now Russian controlled territory, including half of the rare-earth variety – under his “victory plan” first presented to Western allies last fall, reported Reuters. 

    Rare-earth materials are used in the production of consumer electronics and electric engines. Zelenskyy has warned that Russia could give these resources to its allies like North Korea and Iran – the latter of which the U.S. just last week began to even more heavily sanction. 

    TRUMP’S FOURTH WEEK IN OFFICE COULD INCLUDE MEETING WITH ZELENSKYY, IRONING OUT STEEL DEAL

    Zelenskyy meets Trump in New York

    Former President Donald Trump meets with President Volodymyr Zelenskyy at Trump Tower, Sept. 27, 2024, in New York. (AP Photo/Julia Demaree Nikhinson)

    “We need to stop Putin and protect what we have – a very rich Dnipro region, central Ukraine,” Zelenskyy reportedly said.

    While Trump will not attend the Munich Security Conference, Zelenskyy will lead the Ukrainian delegation there and is reportedly expected to meet with Vance and special envoy to Ukraine and Russia, retired Lt. Gen. Keith Kellogg.

    Trump told reporters last week that Zelenskyy may travel to D.C. in the week following the security conference, which runs Feb. 14-16, at which time both presidents will once again meet to discuss the war. 

    “I’d like to see that war end,” Trump told reporters last week. “We’re looking to do a deal with Ukraine where they’re going to secure what we’re giving them with their rare earth and other things.”

    Russia’s war effort in eastern Ukraine continues to rage, and Moscow on Friday claimed it had captured the mining town of Toretsk in the Donetsk region despite Ukraine’s months-long attempts to stop Russian advances. 

    TRUMP PLANS TO MEET WITH ZELENSKYY AS HE LOOKS TO END UKRAINE WAR

    The ruins of Toretsk, a city in Ukraine

    The ruins of the city of Toretsk are in the Donetsk region, eastern Ukraine, on Dec. 19, 2024. Russia, on Feb. 7, 2025, claimed to have finally seized the mining city. (Ukrinform/NurPhoto via Getty Images)

    As Moscow continues to see incremental gains in eastern Ukraine, Kyiv is also pushing forward with its own attempts to seize Russian territory, which security experts have told Fox News Digital could be an attempt to give it better bargaining leverage come the time for ceasefire talks with Moscow.

    Zelenskyy also said on Friday that Ukraine had opened a new offensive in Russia’s Kursk region, where Kyiv first began its incursion in August 2024.

    “In the areas of the Kursk operation, new assaults have taken place,” Zelenskyy said during his nightly address. “Russia has once again deployed North Korean soldiers alongside its troops.”

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    Ukraine launches military operations in Russia's Kursk region

    Ukrainian forces fight in the Kursk region in Malaya Loknya, Russia, in this screen grab obtained from a handout video released on Aug. 20, 2024. (Air Assault Brigade/Handout via Reuters)

    It is unclear if North Korea has sent more troops to Russia after its initial deployment of as many as 12,000 men last October, though South Korean intelligence has warned Pyongyang is planning to do so.

    Zelenskyy Sunday night said Ukrainian troops in Kursk “demonstrate highly effective enemy destruction,” though he did not detail any casualty rates among Russian or North Korean troops. 

    “We must hold all our positions firmly,” he said. “The stronger we stand on the front lines, the stronger our diplomacy – our work with partners – will be.”