Tag Archives: sanctions

President Obama Looks Ahead To His 10th Trip Go Asia, After Hosting The Nordic Leaders Last Week; The House Will Debate The NDAA This Week, While the Senate Committee Markup Wrapped Last Week; Secretary Kerry Travels to Saudi Arabia, Austria, and Belgium

Last Friday, President Barack Obama hosted the Nordic Leaders Summit in Washington, with the Leaders affirming shared fundamental values and areas of collaboration, while also spotlighting Russia’s military activities in the Baltic Sea region and confirming multilateral sanctions imposed on Russia will remain in place.  Secretary of State John Kerry attended the Global Anti-Corruption Summit … Continue Reading

Senate Banking Focuses on China, Iran; CFPB Takes on Mandatory Arbitration Clauses as the Administration Focuses on Financial Transparency

Legislative Activity Senate Banking Sets Its Sights Overseas In the coming weeks, the Senate Banking Committee will turn its focus to a number of international-related financial services issues. First, on Tuesday, May 10, the Committee will hold a hearing to evaluate the financial risks of China. Additionally, toward the end of the month, the Committee … Continue Reading

Senate Finance Committee to Examine Past Free Trade Agreements; Ceasefire Takes Effect in Syria

President Barack Obama signed the customs bill and Judicial Redress Act into law last Wednesday.  In addressing U.S. state governors last week, the President expressed optimism that Congress may act this year on the Trans-Pacific Partnership (TPP) deal.  Congress will be in session this week, with a number of defense-related hearings scheduled, as well as a … Continue Reading

Senate to Vote on a North Korea Sanctions Bill, While the House Focuses on Oversight Hearings; President Obama Hosts Italian President Mattarella and Releases His Budget Proposal; With the TPP Agreement Signed, Republicans Warns of Slow Congressional Process

U.S. President Barack Obama hosted Colombian President Juan Manuel Santos at the White House last Thursday, while U.S. Trade Representative Michael Froman signed the Trans-Pacific Partnership (TPP) deal that day in New Zealand.  Some Republican Members warned that despite the U.S. signature the congressional process may take some time.  Last Tuesday, after missing an EU … Continue Reading

Congress Returns to Washington and Focuses on ISIL, Russia; President Obama Attends the Climate Conference in Paris

Combatting ISIL – Syria and Iraq Crises After Turkey downed a Russian fighter jet over its territory last Tuesday, President Barack Obama maintained Turkey had a right to defend its airspace.  He spoke with Turkish President Recep Tayyip Erdoğan that day, expressing U.S. and NATO support for Turkey’s right to defend its sovereignty.  The two … Continue Reading

President Obama Attends the G-7 Summit; House to Consider COOL Legislation and Possibly TPA; While the Senate Resumes its FY 2016 NDAA Floor Debate

G-7 Summit President Barack Obama arrived in Germany on Sunday to attend the G-7 Summit. The leaders are expected to review the current situation in Ukraine; discuss continued support for Ukraine’s sovereignty and territorial integrity; and underscore their support for a diplomatic solution based on full implementation of the Minsk agreements. Many expect the G-7 … Continue Reading

US Imposes New Sanctions; Congress Scrutinizes the Upcoming Iran Negotiations Deadline

Russia/Ukraine Crisis Last Wednesday, 11 March, the Department of the Treasury announced the addition of 14 individuals and two organizations to its list of Specially Designated Nationals (SDN), pursuant to Executive Order 13660. The individuals include eight Ukrainian individuals identified as separatists, three former Ukrainian officials associated with former President Yanukovich, a Russian pro-separatist organization … Continue Reading

Secretary of State John Kerry to Testify Before Congress; U.S. Considering New Sanctions Related to the Ongoing Situation in Ukraine; A New Trade Promotion Authority Bill is Imminent

State Department’s FY 2016 Budget Secretary of State John Kerry is scheduled to testify this week before Congress on the Department’s FY 2016 Budget request and U.S. interests abroad.  The hearings will be held: On Tuesday, 24 February before the Senate Foreign Relations Committee; On Wednesday, 25 February before the House Foreign Affairs Committee; and On … Continue Reading

U.S. Sanctions North Korea; 114th Congress Expected to Focus on North Korea, Ukraine, Cuba, ISIL, and Trade Matters

North Korea On 2 January, President Barack Obama ordered new sanctions on three (3) entities and 10 individuals connected with the North Korean government. This action is in response to a December cyberattack on Sony Pictures Entertainment. In announcing the new U.S. sanctions, White House Press Secretary Joshua Earnest said, “We take seriously North Korea’s … Continue Reading

Washington Hosts an Informal TPP Round as the 113th Congress Wraps Business

Russia/Ukraine Crisis Despite previous failed attempts to revive the Minsk ceasefire agreement, last week Ukraine President Petro Poroshenko announced the Government would observe a “day of silence” on Tuesday and that heavy weapons would be drawn down from the frontlines if the pro-Russian separatists maintained the ceasefire. Last Thursday, Vice President Joe Biden spoke with … Continue Reading

Washington Focuses on Foreign Crises

Iraq/Syria Crises On the eve of the 9/11 anniversary, President Barack Obama addressed the nation and outlined his Administration’s four-part strategy (fact sheet available here) to combat the Islamic State (ISIL/ISIS). First, the President said U.S. airstrikes have shifted from protecting U.S. nationals and humanitarian missions to attacking ISIL targets “as Iraqi forces go on the … Continue Reading

Bipartisan Congressional Trade Priorities Act of 2014 Introduced; Lawmakers Face January 15 Deadline to Pass Spending Bill

Executive and Legislative Branch Activity Iran As of last Friday, January 10, the bipartisan Senate bill (S. 1881) to increase sanctions on Iran had reportedly garnered a filibuster-proof majority – at least 60 Members supporting it.  While speculation is high as to when the bill will come to the Senate floor, many expect the bill … Continue Reading
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