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

Let our journalists help you make sense of the noise: Subscribe to the Mother Jones Daily newsletter and get a recap of news that matters.

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.


Headshot of Editor in Chief of Mother Jones, Clara Jeffery

It sure feels that way to me, and here at Mother Jones, we’ve been thinking a lot about what journalism needs to do differently, and how we can have the biggest impact.

We kept coming back to one word: corruption. Democracy and the rule of law being undermined by those with wealth and power for their own gain. So we're launching an ambitious Mother Jones Corruption Project to do deep, time-intensive reporting on systemic corruption, and asking the MoJo community to help crowdfund it.

We aim to hire, build a team, and give them the time and space needed to understand how we got here and how we might get out. We want to dig into the forces and decisions that have allowed massive conflicts of interest, influence peddling, and win-at-all-costs politics to flourish.

It's unlike anything we've done, and we have seed funding to get started, but we're looking to raise $500,000 from readers by July when we'll be making key budgeting decisions—and the more resources we have by then, the deeper we can dig. If our plan sounds good to you, please help kickstart it with a tax-deductible donation today.

Thanks for reading—whether or not you can pitch in today, or ever, I'm glad you're with us.

Signed by Clara Jeffery

Clara Jeffery, Editor-in-Chief

payment methods

We Recommend