The Countering America's Adversaries Through Sanctions Act has many people riles in the Russian capitol. It targets not the ordinary Russian but the Oligarchs especially those close to Putin. . Passed by 419-3 in the House and 98-2 in the Senate which meant Trump couldn't veto it. The sheer overwhelming partisanship in a fragmented Congress is proof positive of how united all are in bringing serious sanctions against Russia, but also NK and Iran. There is less panic in the latter two as their big wigs, unlike the Russian oligarchs, have not bought property, yachts and stashed millions in foreign jurisdictions.Deep inside it, section 241 is the closest thing to a bombshell for Putin’s pyramidal power structure. Indeed, it stipulates that by February 2018, the US administration must submit a detailed report to Congress containing “the identification of the most significant oligarchs” in Russia, their relationship to Putin, evidence of any corruption, estimated net worth and sources of income. Anyone fitting the criteria could be subjected to personal sanctions, such as asset freezes and travel bans.
It is the personal sanctions that worry the Russian elite most. CAATSA allows “secondary sanctions”, meaning that American officials can go after anyone, in any country, with significant business dealings with the so-called “specially designated nationals” (SDNs) who are already under sanctions—such as Igor Sechin, the head of Rosneft, the state oil firm, and Gennady Timchenko, an oligarch with interests in transport and energy. Depending on how CAATSA is implemented, this could make some of Mr Putin’s closest allies and cronies as toxic as other SDNs in Hizbullah, Iran or North Korea. A Chinese energy firm or a Western consultant dealing with any of the Russian SDNs could be affected. “This is absolutely nuclear,” says a Russian official. “It goes beyond anything we had during the cold war.”
Needless to say the Buffoon in the Oval Office has criticised the Act but it is clear few if any lawmakers trust him on Russia. https://ee.usembassy.gov/statement-p...sanctions-act/ With this in place he cannot lift the sanctions without Congressional approval and the Putin circle are rightly very very worried.