WASHINGTON, D.C. — U.S. Sen. Sherrod Brown (D-OH) – ranking member of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, released the following statement on the Trump Administration’s decision to sanction a number of Russian oligarchs and senior Russian government officials for their harmful activities around the world, including their roles in Ukraine and Syria, in malicious cyber activity, and in meddling in US and other western democracies.  The sanctions designations were provided for under Executive Orders (EO 13661 and EO 13662, related to Ukraine) codified in the Countering America’s Adversaries Through Sanctions Act (CAATSA) and another similar Executive Order (EO 13582, related to Syria).  Today’s Treasury action includes sanctions designations of a number of persons included on the “Oligarchs list” report required by section 241 of CAATSA, and in general require freezing of any US assets of a sanctioned person or firm, and prohibit US persons from interacting with them.

“Today’s sanctions of a limited number of Russian oligarchs and their companies, and senior Russian government officials, are long overdue. And they are only one more step toward countering ongoing Russian aggression against Ukraine, Syria, US elections, and critical infrastructure systems like nuclear plants, aviation networks, and manufacturing systems. The Administration must use the full range of sanctions required by Congress to hold Russia accountable and protect future U.S. elections.”