Sanctions & Politics

North facade of the White House in Washington, D.C.

Biden’s Plan to Seize Russian Oligarchs’ Assets: What Became Law

On 28 April 2022, President Joe Biden asked Congress for new powers to seize the assets of sanctioned Russian oligarchs and to use the proceeds for Ukraine. A day earlier, the House of Representatives had passed its own bill on the same subject. This article sets out what the White House proposed, what the House

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Palm Jumeirah and The World islands off Dubai, seen from the International Space Station

Could Undermine Sanctions Benefit Russian Oligarchs?

The recent round of sanctions that have been placed on Russian oligarchs and government officials could have unintended consequences.  Some experts are concerned that the sanctions could end up benefiting these wealthy individuals, as they have become more adept at moving their money offshore.  This could lead to a flight of capital from Russia and

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Russian flag with the national coat of arms

Who Are The Russian Oligarchs Sanctioned?

In April 2018, the United States imposed sanctions on seven Russian oligarchs and 12 companies they own or control, as well as 17 senior Russian government officials. The Treasury Department cited the Russian government’s “malign activity around the globe,” including the occupation of Crimea and violence in eastern Ukraine. A month earlier, in March 2018,

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Lower Manhattan skyline seen from the water

Role Of Russian Oligarchs In Trump’s Business Empire

Donald Trump’s business empire has faced scrutiny over possible conflicts of interest since he first became president. He returned to the presidency on 20 January 2025 (White House, 20 January 2025; White House, 45th and 47th President). The documented record on Russian oligarchs and the Trump Organization consists mainly of talks about two Moscow tower

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