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Updated DETER Act Introduced in the US Congress
8 April 2019
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On April 3, 2019, a new version of last year’s Defending Elections from Threats by Establishing Redlines Act” (“DETER”) was introduced into the U.S. Senate.
If the U.S. government confirms Russian government interference in a U.S. election, DETER would require sanctions on Russian energy, defense and intelligence sectors, financial institutions, politicians and “oligarchs” involved in the interference, and sovereign debt.
DETER requires the U.S. Government to provide to Congress an updated report on Russian “oligarchs”, senior political officials and parastatal entities, a report on the largest Russian state owned financial institutions and a report on the net worth of the Russian President and senior political officials.
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