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Schumer to force vote on Trump administration move to ease sanctions on Russian firms

Schumer to force vote on Trump administration move to ease sanctions on Russian firms
© Stefani Reynolds

Senate Minority Leader Charles SchumerChuck SchumerProtect America's houses of worship in year-end appropriations package Club for Growth to launch ad blitz in Georgia to juice GOP turnout Inequality of student loan debt underscores possible Biden policy shift MORE (D-N.Y.) said Sunday that he will force a vote on a resolution to disapprove of the Trump administration's decision to relax sanctions on companies connected to Russian oligarch Oleg Deripaska, calling the move "wrongheaded."

Schumer will force the vote under the Countering America's Adversaries Through Sanctions Act, which requires a simple majority to proceed to the resolution to disapprove. The announcement comes days after Treasury Secretary Steven MnuchinSteven Terner MnuchinBiden's Treasury pick will have lengthy to-do list on taxes On The Money: Initial jobless claims rise for 2nd week | Dow dips below 30K | Mnuchin draws fire for COVID-19 relief move | Manhattan DA appeals dismissal of Manafort charges Mnuchin to put 5B in COVID-19 relief funds beyond successor's reach MORE briefed House lawmakers on the decision to ease sanctions.

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“After consultation with the relevant committee ranking members and my colleagues, I have concluded that the Treasury Department’s proposal is flawed and fails to sufficiently limit Oleg Deripaska’s control and influence of these companies, and the Senate should move to block this misguided effort by the Trump Administration and keep these sanctions in place,” Schumer said in a statement.

House Democrats called for Mnuchin to testify last week after the Treasury Department announced it was lifting sanctions on Deripaska, a billionaire aluminum magnate with close ties to Russian President Vladimir Putin.

The administration announced plans to relax sanctions on the three businesses tied to Deripaska — Rusal, EN+ and EuroSibEnergo. Deripaska will remain sanctioned and his property blocked, however.

Democrats were critical of Mnuchin's briefing, with Speaker Nancy PelosiNancy PelosiClub for Growth to launch ad blitz in Georgia to juice GOP turnout Governors take heat for violating their own coronavirus restrictions Spending deal clears obstacle in shutdown fight MORE (D-Calif.) calling it a waste of time.

The decision to ease sanctions on Deripaska comes amid strained relations between the U.S. and Russia, and as special counsel Robert MuellerRobert (Bob) MuellerCNN's Toobin warns McCabe is in 'perilous condition' with emboldened Trump CNN anchor rips Trump over Stone while evoking Clinton-Lynch tarmac meeting The Hill's 12:30 Report: New Hampshire fallout MORE continues his investigation into Russian interference in the 2016 election.