Sunday, 23 July 2017

Congress overcomes impasse, on bill📝 to slap sanctions on Russia, Iran and North Korea


A long impasse over imposing new 💸financial sanctions on Iran and Russia was broken, with the House preparing to vote next week on a bill📝 that would prevent President Trump from lifting measures against Moscow.

But according to multiple congressional aides, negotiations continued behind the scenes this week, with McCarthy and House Minority Whip Steny H. Hoyer (D-Md.) working to strike a compromise, along with Sens. Bob Corker (R-Tenn.) and Benjamin L. Cardin (D-Md.), the leaders of the Senate Foreign Relations Committee.

The version of the bill posted on a House website just before midnight Friday addresses House procedural concerns about in which chamber the bill would originate, removes the provision that blacklists energy companies from entering into oil development projects if any Russian firm is involved, and delays defense and intelligence sector sanctions while asking the administration to clarify which Russian entities would fall within those sectors.

The bill also protects a 30-day window, for Congress to take steps to block the President if he tries to roll back any sanctions imposed against Russia - a sign that lawmakers were unmoved by the Trump administration's lobbying effort to get them to scale back the congressional review power in the bill.

UCJ, UNILORIN.

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