The Hill: US Treasury Secretary nominee ready to tighten sanctions on Russia
17 January 10:56
Trump’s nominee for Treasury Secretary, Scott Bessent, said during his Senate confirmation that he would “100 percent support” tougher sanctions against major Russian oil companies if President-elect Trump supports this strategy as a way to end the war in Ukraine. This was reported by The Hill, according to Komersant ukrainskyi.
Scott Bessent emphasized that the Biden administration’s sanctions against Russia “have not been effective enough.”
“And if any officials in the Russian Federation are watching this hearing, they should know that if I am confirmed and if President Trump calls for an end to the war in Ukraine as part of his strategy, I will 100 percent support increasing sanctions, especially on Russian oil companies, to levels that will bring the Russian Federation to the negotiating table,” Scott Bessent said in response to a question from Senator Mark Warner about sanctions against Russia.
Scott Bessent also called the war in Ukraine “one of the greatest tragedies of his adult life.”
Although Senate Democrats do not like the candidate very much
Representatives of the Democratic Party in the Senate circulated a memo claiming that President-elect Donald Trump’s nominee for Treasury Secretary, Scott Bessent, had falsely claimed tax losses of nearly $2 million and owed nearly $1 million in taxes related to his hedge fund.
Trump called these claims “baseless.” The Democrats have resorted to a subjective interpretation of the Tax Code and their position contradicts the views of the vast majority of tax professionals, accountants and lawyers.