The chairs of seven committees in the House of Representatives requested that the US Treasury Department delay the termination of sanctions against UC Rusal.
In a letter written to Secretary of the Treasury Steven Mnuchin on Tuesday January 8, the Chairs said there are a number of additional questions to be answered surrounding the sanctions being removed and requested a meeting to discuss the issues. The US Treasury announced on December 19 that it intends to remove the sanctions against the companies tied to Russian oligarch Oleg Deripaska, including Rusal, within 30 days. "The notification to Congress was delivered just prior to an adjournment for an extended recess and during which...