WASHINGTON (Diya TV) — Former senior White House official Daleep Singh is set to rejoin the Biden administration as the Deputy National Security Adviser for International Economics, stepping back into a crucial position at a time of escalating tensions between Russia and Ukraine. Singh’s return, announced by a White House official, marks a significant move as the administration navigates complex economic strategies aimed at punishing Russia for its actions in Ukraine.

Singh, who previously served in the Treasury Department under President Barack Obama, is poised to replace Mike Pyle, who is departing from the position at the end of the month. Having left his role in the spring of 2022, Singh has since worked as the chief economist for PGIM Fixed Income, gaining valuable experience in the financial sector.

In his new capacity, Singh will play a central role in shaping the administration’s approach to Russia, particularly regarding economic sanctions. He was instrumental in crafting previous sanctions following Russia’s invasion of Ukraine in February 2022. With his return, the administration aims to maintain momentum in its efforts to hold Russia accountable while also exploring innovative strategies to support Ukraine.

One such strategy involves leveraging Russia’s frozen sovereign assets, predominantly held in European countries, as collateral for loans to Ukraine. This idea, initially proposed by Singh in December 2022, has gained traction as a potential means of providing support to Ukraine amid congressional deadlock over a $95 billion foreign aid package.

The significance of Singh’s return extends beyond immediate policy considerations. His position, which reports to both the National Security Council and the National Economic Council, underscores the interconnected nature of economic and national security matters in the White House. In addition to overseeing economic sanctions, Singh will play a crucial role in coordinating U.S. positions at upcoming G7 and G20 summits, where discussions on Russia and Ukraine are expected to feature prominently.