The Senate Foreign Relations Committee has voted 14-3 to push forward a bill seeking to impose what officials say are the “most significant” US sanctions against Russia since the breakup of the Soviet Union.
The sanctions are mostly non-specific, authorizing President Obama to unilateral impose whatever financial sanctions he sees fit on Russian officials that he determines are “to blame” for Crimean secession from the Ukraine.
Some hawks on the committee had pushed for sanctions targeting Russian banks and oil companies as well, but these were not included in the final bill, which will go on to the Senate floor.
In addition to the sanctions, the bill includes $1 billion in “loan guarantees” for the interim Ukrainian government, a move which concerned some senators who say they aren’t clear where that money is going to come from.
Last 5 posts by Jason Ditz
- ISIS Kills Over 60 Syrian Troops in 48 Hours of Attacks - April 20th, 2019
- US Intel Doubts North Korea Weapons Test Was Successful - April 19th, 2019
- Ecuador Judge Orders Detention of Former Foreign Minister Connected to Assange - April 19th, 2019
- US Reveals Support for Former CIA Asset Hafter in Libya - April 19th, 2019
- Pompeo Dismisses North Korea Demands, Says He Can't Be Removed From Talks - April 19th, 2019