Twelve minutes before a midnight deadline on Monday, the Treasury Department released a list of 114 Russian politicians and 96 billionaire "oligarchs" who have prospered enormously under Russian President Vladimir Putin's more than 18 years in power. Congress demanded that the Trump administration release the list by the end of Monday as part of legislation that passed last year with veto-proof majorities in Congress, as punishment for Russian meddling in the 2016 election. Earlier Monday, the State Department said that the Trump administration would not actually punish anybody right now under the sanctions.
The list, intended to name-and-shame Russia's political and economic elite, includes just about everybody who has flourished under Putin, including Prime Minister Dmitry Medvedev, the heads of Russia's top intelligence agencies, Cabinet ministers, and the CEOs of state energy giant Rosneft and other top Russian state companies. Along with "Putin's list" of Russia's power-wielders, the 96 "oligarchs" include former Paul Manafort patron Oleg Deripaska, Roman Abramovich, and Mikhail Prokhorov. Some of the 210 individuals are already covered by U.S. sanctions imposed under former President Barack Obama, but none of them currently faces further punishment — other than notoriety — from being on this list.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
5 heavy-handed cartoons about ICE and deportationCartoons Artists take on international students, the Supreme Court, and more
-
Exploring the three great gardens of JapanThe Week Recommends Beautiful gardens are 'the stuff of Japanese landscape legends'
-
Is Prince Harry owed protection?Talking Point The Duke of Sussex claims he has been singled out for 'unjustified and inferior treatment' over decision to withdraw round-the-clock security
-
Markets notch worst quarter in years as new tariffs loomSpeed Read The S&P 500 is on track for its worst month since 2022 as investors brace for Trump's tariffs
-
Tesla Cybertrucks recalled over dislodging panelsSpeed Read Almost every Cybertruck in the US has been recalled over a stainless steel panel that could fall off
-
Crafting emporium Joann is going out of businessSpeed Read The 82-year-old fabric and crafts store will be closing all 800 of its stores
-
Trump's China tariffs start after Canada, Mexico pausesSpeed Read The president paused his tariffs on America's closest neighbors after speaking to their leaders, but his import tax on Chinese goods has taken effect
-
Chinese AI chatbot's rise slams US tech stocksSpeed Read The sudden popularity of a new AI chatbot from Chinese startup DeepSeek has sent U.S. tech stocks tumbling
-
US port strike averted with tentative labor dealSpeed Read The strike could have shut down major ports from Texas to Maine
-
Biden expected to block Japanese bid for US SteelSpeed Read The president is blocking the $14 billion acquisition of U.S. Steel by Japan's Nippon Steel, citing national security concerns
-
Judges block $25B Kroger-Albertsons mergerSpeed Read The proposed merger between the supermarket giants was stalled when judges overseeing two separate cases blocked the deal
