Economics

Putin Critics Are Advising the U.S. on Its New Oligarchs List

  • Outspoken Putin opponents providing advice for oligarch list
  • Roster of wealthy Russians mandated under 2017 sanctions law
VTB Group CEO Andrey Kostin says Russian-U.S. relations are "terrible" right now.(Source: Bloomberg)
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Some of Vladimir Putin’s longest-standing critics have found what they hope will be a new tool to pressure his regime: They’re giving the U.S. Treasury advice on whom to include in a new list of Kremlin-connected oligarchs to target for possible future sanctions.

A trio of opponents has found a receptive ear in Daniel Fried, formerly the State Department’s coordinator for sanctions policy, who’s been offering ideas on the list to former colleagues now working on it. Just how much influence they’ve had could become clear Jan. 29, when the roster is due. Though it could be delayed, Russia’s richest are already anxious at the prospect they might be included.