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US Senators suggest enhancing Russia sanctions

Bipartisan leaders of the US Senate Banking Committee announced a plan on Wednesday to enhance sanctions against Russia over its actions in Ukraine and Syria, as well as alleged internet intrusions in the U.S, according to Bloomberg.

Panel Chairman Mike Crapo of Idaho and top Democrat Sherrod Brown of Ohio said their bill would authorize “broad” new sanctions targeting sectors of Russia’s economy including mining, metals and railways, Bloomberg reported. It would codify and strengthen existing sanctions included in executive orders affecting Russian energy projects and debt financing in key economic sectors, the senators said in a press release.

“Despite existing sanctions, Russia remains a hostile, recalcitrant power, deploying its military, cyber­enabled information espionage activities, and economic tactics to harm the United States and drive a wedge between it and its allies,” the committee statement said.

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