US Treasury Secretary Steve Mnuchin said on Tuesday that "there will be sanctions that come out of this report," referring to the recently released document. His comment reportedly came after the Treasury was slammed for not imposing new sanctions immediately upon the release of the report by the two senators.
NEW: Sec. Mnuchin defiant as @SenSherrodBrown and @SenatorMenendez blast Treasury for Kremlin billionaires list w/ no new sanctions.
— Kayla Tausche (@kaylatausche) 30 января 2018 г.
"I assume you haven't read the classified version," Mnuchin tells Menendez. "There WILL be sanctions that come out of this report."
Mnuchin has also said that the treasury is expecting the Congress to reveal the classified part of the "Kremlin report."
This comes hours after Russian President Vladimir Putin called the release of the report "an unfriendly act" harming relations between Russia and the United States. He also said Moscow is interested in developing relations with Washington and will follow the development of the situation.
READ MORE: European Business Body Says 'Kremlin Report' Vague, Copies Forbes List
The report was prepared in accordance with the Countering America's Adversaries Through Sanctions Act (CAATSA), which was adopted in the US in the summer of 2017. It does not automatically impose sanctions against the mentioned individuals, but it implies that restrictive measures may be introduced in the future.
