U.S. President Joe Biden will begin to clear a legal path for relatives of victims on September 11, 2001, attacks to pursue $3.5 billion in frozen funds from Afghanistan's central bank currently deposited in New York, the New York Times reported on Friday, citing officials familiar with internal deliberations.

According to the officials, Biden will also use emergency powers to consolidate and freeze all $7 billion in assets held by the central bank and allow the remaining $3.5 billion funds to be moved to a trust fund for humanitarian relief in Afghanistan via legal pathways.

The Taliban lashed out at the latest U.S. move.

"The theft and seizure of money held/frozen by the United States of the Afghan people represents the lowest level of human and moral decay of a country and a nation," Taliban spokesman Mohammad Naeem said Friday on Twitter.