Treasury wants to lift Russia sanctions, don't let it happen

[saidsimplesimon]

Last edited Sat Jan 5, 2019, 01:06 PM - Edit history (2)

https://www.msn.com/en-us/news/politics/congress-is-examining-decision-to-lift-sanctions-on-russian%E2%80%99s-firms/ar-BBROJFb

Congress Is Examining Decision to Lift Sanctions on Russian’s Firms
By KENNETH P. VOGEL
11 hrs ago

….snip

The solution approved by the Treasury Department would lift the sanctions against Mr. Deripaska’s companies in exchange for him reducing his stake in EN+ from approximately 70 percent to less than 45 percent, and giving up control of that company and Rusal.

Mr. Deripaska himself would remain on the sanctions list, the department said, casting the agreement as a way to punish the oligarch by separating him from his companies without creating broader economic problems.

Representative Lloyd Doggett, Democrat of Texas, accused the administration of approving “a Rusal ruse” to “cover for one of Putin’s closest buddies.”

Other Democrats contended that the Treasury Department was trying to ram the sanctions-relief decision through before the new Congress had time to stop it, and before the special counsel issued findings that might touch on Mr. Deripaska’s work with Paul Manafort, Mr. Trump’s former campaign chairman and a target of the special counsel investigation.

edit to correct link and add source of article oops

[dogknob]

1. No way, Osef Jay! n/t

[dalton99a]

2. Kick