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Bessent on sanctions, Ukraine and CFIUS: senators push for tougher measures and impartial investment reviews
Summary
Senators asked Scott Bessent how Treasury would use sanctions to pressure Russia, how it would oversee foreign investment reviews (CFIUS), and how Treasury would deploy sanctions and energy policy as national‑security tools.
Treasury’s role in national security and sanctions emerged as a major theme in the hearing. Senators from both parties urged a robust Treasury response on Russia, tighter controls on Chinese investment in sensitive sectors, and impartial reviews of foreign acquisitions that pose national security risks.
Senator Mark Warner and others said sanctions on Russia and its oil sector should…
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