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MSN Axios Insider | Russia's $132 billion in gold reserves could face US sanctions as new legislation seeks to choke off potential lifeline, report says
The legislation would apply restrictions on American entities making gold transactions with Russia's central bank holdings.

The senators backing the bill -- who include Independent Angus King, Republicans John Cornyn and Bill Hagerty, and Democrat Maggie Hassan -- aim to include the sanction on Russian gold in the omnibus spending package 2,241 pp CONSOLIDATED APPROPRIATIONS ACT OF 2022 that lawmakers hope to pass by Friday, Axios said.

by Cat on Wed Mar 9th, 2022 at 10:16:57 PM EST

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