Trump Administration Imposes Sanctions on Russian Oligarchs

The announcement made no specific reference to Russia’s interference in the United States’ 2016 elections.

Metzel Mikhail/ZUMA

The Trump administration announced sanctions against 17 Russian government officials and seven oligarchs close to President Vladimir Putin on Friday, punishing some of the country’s richest people. The list includes Oleg Deripaska, a business associate of former Trump campaign chairman Paul Manafort.

Putin’s son-in-law Kirill Shamalov was also named in the latest round of sanctions.

“The Russian government operates for the disproportionate benefit of oligarchs and government elites,” Treasury Secretary Steve Mnuchin said in a statement. Mnuchin cited Russia’s occupation of Crimea, activities in eastern Ukraine, and alliance with the Assad regime as several reasons for the new round of sanctions. While the statement also criticizes Russia for “attempting to subvert Western democracies” and “malicious cyber activities,” it makes no specific reference to Russia’s interference in the United States’ 2016 elections.

Friday’s sanctions follow the administration’s move last week to expel 60 Russian diplomats in response to the poisoning of former Russian spy Sergei Skripal in England last month. On Tuesday, Trump asserted that he could have a “very good” relationship with his Russian counterpart. “I think we’ll be able to have great dialogue, I hope,” Trump said. “Getting along with Russia would be a good thing, not a bad thing.”

 “Just about everybody agrees to that, except very stupid people,” he added.

FACT:

Mother Jones was founded as a nonprofit in 1976 because we knew corporations and the wealthy wouldn't fund the type of hard-hitting journalism we set out to do.

Today, reader support makes up about two-thirds of our budget, allows us to dig deep on stories that matter, and lets us keep our reporting free for everyone. If you value what you get from Mother Jones, please join us with a tax-deductible donation today so we can keep on doing the type of journalism 2019 demands.

We Recommend

Latest

Sign up for our newsletters

Subscribe and we'll send Mother Jones straight to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate