In a letter to U.S. Treasury Department ("Treasury") Secretary Steve Mnuchin, U.S. Representatives Maxine Waters (Chair of the House Financial Services Committee), Adam Schiff (Chair of the Permanent Select Committee on Intelligence) and Eliot Engel (Chair of the Foreign Affairs Committee) requested documents related to the recent decision to terminate sanctions against three companies tied to designated Russian oligarch Oleg Deripaska. The Committee leaders asked Treasury to provide each of their respective committees copies of all relevant documents before February 5, 2019.
Barely twenty-four hours after OFAC lifted sanctions on three Deripaska-related companies, House Democratic leaders signaled continued opposition to sanctions relief for the Russian oligarch. Citing a host of Mr. Deripaska's alleged misdeeds and expressing concern that he will retain significant control over the companies, the authors' demand for records will keep the spotlight on Russian sanctions for some time to come.
House committee leaders called on Treasury Department Secretary Steven Mnuchin to brief Congress about recent decisions to terminate sanctions on companies tied to designated Russian oligarch Oleg Deripaska.
The U.S. Senate rejected a resolution to block the Trump administration from lifting sanctions against three companies tied to designated Russian oligarch Oleg Deripaska.
The U.S. Treasury Department Office of Foreign Assets Control will terminate sanctions against certain companies affiliated with designated Russian oligarch Oleg Deripaska.
The U.S. Department of the Treasury updated its list of Specially Designated Nations and Blocked Persons to include several Ukraine-/Russia-related authorities and Government of Syria authorities.
The U.S. Treasury Department Office of Foreign Assets Control designated numerous Russian operatives for interfering in the 2016 U.S. Presidential election, cyber-hacking the World Anti-Doping Agency and other malign activities.
The U.S. Department of the Treasury Office of Foreign Assets Control extended the expiration date of certain General Licenses concerning Ukraine-related entities on the Specially Designated Nationals and Blocked Persons list.