Breaking: Trump admin hits Russian oligarchs with new sanctions

The Trump administration imposed new sanctions on seven of Russia’s richest men and 17 top government officials on Friday in the latest effort to punish President Vladimir V. Putin’s inner circle for interference in the 2016 election and other Russian aggressions.

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The sanctions are designed to penalize some of Russia’s richest industrialists, who are seen in the West as enriching themselves from Mr. Putin’s increasingly authoritarian administration…

“The Russian government operates for the disproportionate benefit of oligarchs and government elites,” said Treasury Secretary Steven Mnuchin. “Russian oligarchs and elites who profit from this corrupt system will no longer be insulated from the consequences of their government’s destabilizing activities.”

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