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US Should Expand Sanctions on Russian Officials, Banks, Says Sen. Levin

The Obama administration and Congress should expand sanctions on the Russian financial, energy, metals, mining, engineering, and defense sectors due to recent Russian destabilization of Ukraine, said Senate Armed Services Committee Chairman Carl Levin, D-Mich., on April 25, speaking in…

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Kyiv, Ukraine. In accordance with Executive Order 13661 (here), the U.S. should also sanction additional banks, said Levin. President Barack Obama issued the order on March 16. The U.S. has sanctioned dozens of Russians and Ukrainians since the beginning of March, along with one bank (see 14032024).