Senate Democrats press for investigation into moves to ease Russia oil sanctions
Energy,Trade,Russia,United States,India,Oil,Global Markets,Global Economy,Sanctions,US Treasury,Scott Bessent,Democratic Party
Democratic senators are demanding answers after the Trump administration moved to ease sanctions on Russian oil reserves in an attempt to offset the impact of the U.S.-Israeli strikes on global oil supplies.
The minority members on the Senate Committee on Banking, Housing and Urban Affairs requested a congressional hearing with Treasury Secretary Scott Bessent by the end of March in a Tuesday letter to Committee Chair Tim Scott (R-S.C.), which was reported by Punchbowl News.
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