Sunday, 19 May, 2019

Trump just decided not to sanction Russian Federation for its election meddling

Credit AP  PAVEL GOLOVKIN				Police in Moscow stand guard Sunday outside the office of Russian opposition leader Alexei Navalny Credit AP PAVEL GOLOVKIN Police in Moscow stand guard Sunday outside the office of Russian opposition leader Alexei Navalny
Patty Aguilar | 31 January, 2018, 00:30

In testimony before the Senate Banking Committee, Mnuchin said while the administration has not levied sanctions under a new law created to punish Moscow for alleged meddling in the 2016 usa election, it viewed the report as an initial step.

Former treasury sanctions official, Elizabeth Rosenberg stated that some Russians had made arrangements for their agents to meet with lawmakers in their home towns, the report said. Vyacheslav Volodin, speaker of the Russian Duma, the lower house of parliament, said the list was the latest in a failed US sanctions policy aimed at weakening an increasingly powerful Russia.

As required by the legislation, the Trump administration on Monday released a of Russian political and business figures that it stated is "not a sanctions list", refusing to add their names to the existing blacklist.

"I'm fed up waiting for this administration to protect our country and our elections", said Rep. Eliot Engel, the top Democrat on the House Foreign Affairs Committee, adding "They've now shown us they won't act, so it's time for Congress to do more". Instead, a State Department official said there is no need for them to be put into place now "because the legislation is, in fact, serving as a deterrent".

Since there is no definition of an oligarch, the spokesman said, $1 billion was chosen as "a reasonable number, which is the criteria contained in the U.S. Forbes list of Russian individuals with a net worth of at least $1 billion".

CAATSA aims to punish Moscow for interfering in the US presidential election and for its military intervention in Ukraine.

Russian President Vladimir Putin, Defence Minister Sergei Shoigu and Deputy Defence Minister Yuri Borisov visit the Gorbunov Aviation factory in Kazan, Russia January 25, 2018.

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United States President Donald Trump on Wednesday planned to meet and speak with special counsel Robert Mueller soon, in connection with the Russian collusion investigation.

Congress also asked Treasury to analyze how sanctions would affect Russia's sovereign bonds, which could increase borrowing costs and devalue the ruble.

The warning came as tensions heightened Tuesday between Moscow and Washington over possible punitive actions against Russian President Vladimir Putin's government for meddling in the U.S. presidential election in 2016.

"There seems to be nothing subjective or interpretive about either the senior political figures or the oligarchs list", he said of the people named publicly. Yuri Milner, a noted Silicon Valley investor in technology companies including Facebook and Twitter is also on the list.

The US has said that the individuals contained on the list are not subject to new sanctions.

Monday's deadline to release those reports was seen as a test of Trump's willingness to clamp down on Russian Federation. It is worthy of note that there is the classified part of the Kremlin List, which includes officials and entrepreneurs with a fortune of less than a billion dollars. "New sanctions against Russian Federation will lead to even greater consolidation of society", he added. When asked if there is "any truth to the criticisms that the Treasury list was inspired or derived in some way from the Forbes list", a Treasury spokesperson said "yes".

Peskov said: "We do think that this is a direct and obvious attempt to time some sort of action to coincide with our elections in order to influence them".

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