Senators Propose Stronger U.S. Sanctions Against Russia

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Two Russian Federation flags fly on a road leading to the Lenin mausoleum on Red Square in Moscow, Russia, on Thursday, Nov. 10, 2016. Russia is realistic about limits on the prospects for an immediate improvement in relations with the U.S. after President-elect Donald Trump takes office, according to President Vladimir Putins spokesman.: 1482925852_Russia-flag

(Bloomberg) — Bipartisan leaders of the Senate Banking Committee announced a plan Wednesday to strengthen sanctions against Russia over its actions in Ukraine and Syria, as well as internet intrusions in the U.S.

The proposal is a signal that some in Congress intend to push back on the Trump administration’s moves to explore an improvement in relations with Moscow.

Panel Chairman Mike Crapo of Idaho and top Democrat Sherrod Brown of Ohio said their bill would authorize “broad” new sanctions targeting sectors of Russia’s economy including mining, metals and railways.

It would codify and strengthen existing sanctions included in executive orders affecting Russian energy projects and debt financing in key economic sectors, the senators said in a press release.

“Despite existing sanctions, Russia remains a hostile, recalcitrant power, deploying its military, cyber-enabled information espionage activities, and economic tactics to harm the United States and drive a wedge between it and its allies,” the committee statement said. “There is significant congressional interest in ensuring sanctions on Russia are effective and proportionally enhanced, particularly in light of continuing Russian intransigence in these areas.”

The text will be released later, according to the statement.

The question of Russian sanctions has been raised by a number of senators in both parties after the intelligence community announced in January its conclusion that Russia interfered in the 2016 election on behalf of President Donald Trump.

Former FBI Director James Comey will testify before a Senate committee next Thursday as part of a probe into alleged Russian meddling in the U.S. presidential election and possible collusion with President Donald Trump’s campaign.

The Senate Intelligence Committee said on Thursday it would hear from Comey, who was fired by Trump on May 9, first in an open session and then behind closed doors, which would afford senators a chance to discuss classified information.

The former FBI chief is expected to testify on conversations he had with Trump in which the president reportedly pressured him to drop an investigation into former national security adviser Michael Flynn, one of several Trump associates who are drawing scrutiny in a series of probes about Russia and last year’s U.S. election.

Russia has repeatedly denied any effort to interfere in the U.S. election, and Russian President Vladimir Putin on Thursday said some Russians might have acted on their own without their government’s involvement.

 

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