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Author Topic: Donald Trump Defends Decision Not to Impose New Russia Sanctions  (Read 617 times)

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Offline punch

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The Trump administration on Tuesday defended its decision not to impose immediate sanctions on Russians named in a congressionally mandated report detailing the wealth and political activities of Kremlin insiders and billionaires.

The U.S. Treasury Department published the report Monday in keeping with a law passed overwhelmingly by Congress last August, after it became clear that Russia had meddled in the 2016 presidential election.

The report details the finances and political connections of 114 Russian politicians and 96 "oligarchs" who have prospered under Putin. But the report makes no mention of imposing new sanctions against the Russian government or individuals on the list, raising questions about whether Trump is too soft on the Kremlin.

Confronted by Democratic Senator Bob Menendez of New Jersey during an appearance before the Senate Banking Committee on Tuesday, Treasury Secretary Steve Mnuchin said sanctions were in the works.

"I assume you haven't read the classified version [of the report]," Mnuchin told Menendez. "The intention was not to have sanctions by the delivery of the report last night. There will be sanctions coming out of this report."

In a statement accompanying the release of the report, State Department spokeswoman Heather Nauert said there were no immediate plans to impose sanctions on Russia or any of the individuals named in the document.


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