In Congress asked the U.S. Treasury to postpone the lifting of sanctions against RUSAL and En+

In Congress asked the U.S. Treasury to postpone the lifting of sanctions against RUSAL and En+

WASHINGTON, 9 Jan. /TASS/ — the chairmen of the seven committees of the house of representatives has proposed to postpone the entry into force of the decision as long as members of Congress will not have questions.

The chairmen of the seven committees of the house of representatives of the U.S. Congress urged the administration to trump to postpone the lifting of sanctions against companies RUSAL and En+, associated with Oleg Deripaska. This is stated in a joint statement, published on the website of the foreign Affairs Committee of the lower house.

“The chairmen of the seven committees in the House of representatives urge the administration to trump to explain the easing of sanctions against companies associated with the Russian oligarch Oleg Deripaska. In response to the notice dated 19 December 2018, where the U.S. Treasury has announced its intention to terminate the sanctions against those associated with the Deripaska companies, lawmakers called on Finance Minister Steven Mnuchin to hold a briefing for members of Congress and to delay the entry into force of the decision on the termination of the sanctions as long as the members [of Congress] will have no issues,” — said in a statement.

Earlier on Tuesday it became known that the leader of the Democrats in the Senate, Chuck Schumer introduced in the U.S. Congress a draft document, which can block the decision of the U.S. Treasury to lift sanctions on companies RUSAL, En+ and “EvroSibEnergo”.

The Senator stressed that he does not have a clear position on the issue of limitations and the cause of such initiative has been its commitment to procedural requirements and wish to adopt a decision on lifting or maintaining the sanctions in the Parliament.

Schumer said that lawmakers will continue to study the administration’s decision to trump about lifting sanctions against companies associated with Mr Deripaska.

The online edition of The Daily Beast explained that in the case of legislative initiatives in Congress both chambers will need a simple majority to send the document to the President’s Desk. Donald trump can veto, he noted, but the legislators have the opportunity to collect a sufficient number of votes to overcome it. Thus, if the initiative is approved, the Ministry of Finance will not be able to remove restrictions on companies.

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