Trump just hit Putin’s inner circle with new sanctions…

The Trump administration just put some new sanctions on certain Russians within Putin’s inner circle in an effort to punish Putin for his maligning activity:

NY TIMES – The Trump administration imposed new sanctions on seven of Russia’s richest men and 17 top government officials on Friday in the latest effort to punish President Vladimir V. Putin’s inner circle for interference in the 2016 election and other Russian aggressions.

The sanctions are designed to penalize some of Russia’s richest industrialists, who are seen in the West as enriching themselves from Mr. Putin’s increasingly authoritarian administration.

“The Russian government operates for the disproportionate benefit of oligarchs and government elites,” said Treasury Secretary Steven Mnuchin. “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 sanctions have been under consideration for some time and were not imposed solely because of the recent poisoning in England but rather “in response to the totality of the Russian government’s ongoing and increasingly brazen pattern of malign activity around the world,” a senior administration official said in a conference call with reporters, adding: “But most importantly this is in response to Russia’s continuing attack to subvert Western democracies.”

Friday’s sanctions could be particularly painful for Mr. Putin’s regime. While Russia’s oligarchs make nearly all of their money in Russia, many stash their families, lovers and much of their wealth in places like London, New York and Miami.

Targeted sanctions against the oligarchs are seen as a particularly good way to punish Mr. Putin’s aggressive moves while sparing wider Russian society, which is already suffering under Mr. Putin’s thumb.



You can read more about the specific Russians targeted here

Comment Policy: Please read our new comment policy before making a comment. In short, please be respectful of others and do not engage in personal attacks. Otherwise we will revoke your comment privileges.

WARNING: Our comment section is being blocked by ad blockers. So if you can't see it, then please disable your ad blocker and it should appear.