Politics Mnuchin: Trump admin 'actively working' on more Russia sanctions

02:10  15 february  2018
02:10  15 february  2018 Source:   The Hill

Russia says it has measures it can take against the U.S.: Izvestia

  Russia says it has measures it can take against the U.S.: Izvestia Russia still has counter measures it can take against the United States in a tit-for-tat sanctions battle, but is keeping its powder dry for now, Deputy Foreign Minister Sergei Ryabkov told the Izvestia newspaper in an interview published on Monday. With relations strained over Syria, Ukraine and U.S. allegations that Russia interfered in the 2016 U.S. presidential election, something Moscow denies, ties between the two countries have slid to a post-Cold War low.The U.S.

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"We are actively working on Russia sanctions coming out of the classified briefing," Mnuchin said in a hearing before the Senate Finance Committee. Tags Steven Mnuchin . Most Popular. More From The Web.

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Treasury Secretary Steven Mnuchin told a Senate committee on Wednesday the Trump administration is planning to roll out new sanctions against Russia in response to the country's interference in the 2016 election.

"We are actively working on Russia sanctions coming out of the classified briefing," Mnuchin said in a hearing before the Senate Finance Committee.

"I can assure you those sanctions are coming. We are working on them as we speak," he told the senators.

Mnuchin during the hearing was pressed by Democrats on the administration's stance toward new sanctions, as well as the president's attitude toward Russia's election meddling.

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Treasury Secretary Steven Mnuchin on Tuesday defended his department's implementation of a bipartisan Russia sanctions law, vowing to senators that "there will be sanctions " stemming from the Trump administration 's work . Most Read.

Treasury Secretary Steven Mnuchin said Wednesday the Trump administration is " actively working " on imposing sanctions on Russia over its interference in the 2016 US election.

The administration has been criticized for not implementing fresh sanctions on Moscow at the end of January, when it faced a deadline to do so under the Countering America's Adversaries Through Sanctions Act (CAATSA). Following the blowback, Mnuchin assured lawmakers on Capitol Hill that the administration would impose new sanctions.

"This should in no way be interpreted as we're not putting sanctions on anyone in that report," he said during a hearing with the Senate Banking Committee at the time.

CAATSA allows the president to postpone sanctions on individuals as long as companies are winding down their business dealings with Russia.

Although the administration didn't implement new sanctions at the time, it did release a list containing names of Russian business and political figures, which officials later clarified wasn't intended to be a "sanctions list."

U.S. intel agencies expect Russia to escalate election meddling efforts .
In a new report, analysts predict Russia will conduct "bolder and more disruptive cyber operations during the next year.""Foreign elections are critical inflection points that offer opportunities for Russia to advance its interests both overtly and covertly," says the assessment. "The 2018 US mid-term elections are a potential target for Russian influence operations.

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