Breaking News

White House Imposes New Sanctions on Russian Elite
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)

Summary: The United States imposed new economic sanctions on Russian elites starting Friday.

After several instances of reported bad behavior from Moscow, the White House has issued new sanctions on Russian elites. According to the Washington Post, “The United States imposed new economic sanctions on senior Russian politicians, companies and business leaders Friday, citing a list of complaints including Moscow’s attempts to undermine Western democracies, support of separatists in Ukraine and its backing for Syrian President Bashar al-Assad.”


The sanctions will target 17 government officials, a state-owned weapons company, 7 oligarchs, and 12 companies affiliated with the oligarchs. These people and entities have close relationships with recently re-elected president Vladimir Putin, who was notably not sanctioned. When the Washington Post pressed government officials on why Putin escaped punishment, they did not provide a detailed answer.

“The Russian government operates for the disproportionate benefit of oligarchs and government elites,” Treasury Secretary Steven T. Mnuchin told the Washington Post. “Russian oligarchs and elites who profit from this corrupt system will no longer be insulated from the consequences of their government’s destabilizing activities.”

The list of targets includes Igor Rotenberg and Kirill Shamlov who are key figures in Russia’s energy industry; the weapons trading company Rosoboronexport; and aluminum magnate Oleg Deripaska.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!

White House officials said that these sanctions were not meant to harm Russian citizens but instead were meant to cripple Russian elites, some of which have indirect ties to President Donald Trump. For instance, Deripaska is a billionaire with a close relationship to Trump’s former campaign manager, Paul Manafort, who has been indicted by special counsel Robert Mueller.

Mueller was hired to investigate Russia’s role in the 2016 US Presidential Election, and so far, he has indicted five members of Trump’s inner circle. Four of which have pled guilty to charges and are cooperating with the pending probe.

“I think it’s important to see in today’s action, a message. And that message is that actions have consequences,” an anonymous official told the Washington Post. “Today’s announcements are the result of a decision that the Russian government has made and continues to make in choosing a path of confrontation.”

Friday’s sanctions come after President Trump’s top advisors have been pushing for more punishments towards Russia. Russia has reportedly been responsible for hacking US electoral systems, attacking Ukraine’s computer systems, poisoning a British spy, and other offenses.

The sanctions were supported by Congress, and they were approved by Trump, who the Washington Post said signed the decree “grudgingly.”

“These new sanctions send a clear message to Vladimir Putin that the illegal occupation of Ukraine, support for the Assad regime’s war crimes, efforts to undermine Western democracies, and malicious cyberattacks will continue to result in severe consequences for him and those who empower him,” Senator Marco Rubio said.

What do you think of the new sanctions against Russia’s elites? Let us know in the comments below.


Interesting Legal Sites You May Like




Search Now

Commercial Litigation Counsel with Portable Business


Detroit area office is seeking a counsel level commercial litigation attorney with $200,000+ in port...

Apply Now

Senior Labor and Employment Litigation Associate Attorney

USA-CA-Los Angeles

Los Angeles office of our client seeks senior labor and employment litigation associate attorney wit...

Apply Now

Immigration Attorney


Washington, D.C. office of our client, a Chambers ranked law firm, is actively seeking associates to...

Apply Now


Associate Attorney

USA-NY-New York City

New York City Medical Malpractice defense firm seeks a junior and a mid level associate for busy lit...

Apply now

Litigation Associate


Profile Respected Ventura County law firm seeks litigation associate who can effectively and effi...

Apply now

Senior Attorney


Senior Attorney Position With Delaware Riverkeeper Network, a Nonprofit Environmental Organizatio...

Apply now

Associate Attorney - Estate Planning & Elder Law


Are you “the one”? Does this describe you? Follows Through – Client Focused-...

Apply now


To Top