Congressional Committee Leaders Request Documents On Russian Sanctions Relief

In a letter to U.S. Treasury Department ("Treasury") Secretary Steve Mnuchin, U.S. Representatives Maxine Waters (Chair of the House Financial Services Committee), Adam Schiff (Chair of the Permanent Select Committee on Intelligence) and Eliot Engel (Chair of the Foreign Affairs Committee) requested documents related to the recent decision to terminate sanctions against three companies tied to designated Russian oligarch Oleg Deripaska. The Committee leaders asked Treasury to provide each of their respective committees copies of all relevant documents before February 5, 2019.

Commentary / James Treanor

Barely twenty-four hours after OFAC lifted sanctions on three Deripaska-related companies, House Democratic leaders signaled continued opposition to sanctions relief for the Russian oligarch. Citing a host of Mr. Deripaska's alleged misdeeds and expressing concern that he will retain significant control over the companies, the authors' demand for records will keep