US legislators delay sanctions hearing, citing scheduling changes
Hearing was to examine efficiency of sanctions against North Korea, Iran, Russia and Venezuela
Washington — The US House Financial Services committee postponed a hearing planned for Tuesday on the use of US sanctions against North Korea, Iran, Russia and Venezuela. Committee chair Maxine Waters said the hearing would be held later. The delay was “due to scheduling changes in the House of Representatives,” the panel said. The Russian rouble, which was also buoyed by higher oil prices, climbed on Tuesday after the posting about the delay on the US House of Representatives website. Representatives for the Democratic-controlled panel made no comment. The hearing, titled "The use of sanctions and economic statecraft in addressing US national security and foreign-policy challenges”, was to examine the efficiency of major US sanctions programmes. In particular, legislators aimed to review the Trump administration’s actions toward Moscow, including the US Treasury’s recent ones on Russian companies owned and controlled by Russian oligarch Oleg Deripaska. US sanctions were ordered aga...
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