Are you sure you want to delete this post?
Dutch started this thread a year ago, but I guess it was dropped from interest as there was no new news to report. However, now the media are reporting that Secretary of Treasury, Steve Mnuchin plans to lift sanctions imposed in April on the core businesses of Deripaska, including aluminum giant Rusal, its parent En+ and power firm EuroSibEnergo, watering down the toughest penalties imposed since Moscow’s 2014 annexation of Crimea.
Mnuchin states that the companies agreed to restructure to reduce Deripaska’s stakes and the oligarch remains on the sanctions list.
“Treasury will be vigilant in ensuring that En+ and Rusal meet these commitments. If these companies fail to comply with the terms, they will face very real and swift consequences, including the reimposition of sanctions,” Mnuchin said in a statement released before a closed-door briefing for the House of Representatives."
Both Nancy Pelosi and Chuck Schumer found Mnuchin's explanation in a closed hearing inadequate. Schumer says he will force the Senate to vote on the Trump administration's decision to relax the sanctions on the three Russian companies connected to oligarch Oleg Deripaska. However, it is unlikely that Senate Republicans will vote against Trump's plan to lift sanctions. Hence Trump and Mnuchin will get their way...and Putin will nod his approval.
This strikes me as just another blatant example of Trump's capitulation to Putin, but what is harder to understand is how Republicans are circling the wagons around Trump to protect him. Do they really see the Democrats as the enemy more than Russia?