Senate Banking Committee hearing on Russian sanctions: banking.senate.gov/hearings/russi… Sen. @MikeCrapo leads things off by saying CAATSA will likely remain in place while Putin is in power.
.@SenJohnKennedy: "I think Mr. Putin does own assets in the U.S., and I think that Treasury knows what those assets are. ... I would like us to have a frank and honest discussion about the ramifications of seizing those assets."
Treasury Under Secretary Mandelker didn't deny Putin owning American assets: "That's not something that we can discuss in an open or public setting."
.@SenatorTester: "Can anybody tell me why Putin's ownership of anything in this country isn't public information?... Just tell me, why? What national security risk is that?"
Treasury's Mendelker: "I'm not aware of any title or deed that would have Putin's name on it in the U.S."
Treasury's Mendelker: "I'm not aware of any title or deed that would have Putin's name on it in the U.S."
