Trump may drop sanctions on Putin 'slush fund'
The gist
The Trump administration is exploring lifting sanctions on Russia's flagship RDIF investment fund, the New York Times reported.
Relief would unwind years of U.S. economic pressure on the Kremlin.
How it unfolded
- 2011RDIF was established to attract foreign investment to Russia; its best-known project was the Sputnik V coronavirus vaccine.
- Feb 28, 2022The Biden administration imposed sanctions on RDIF, four days after Russia's full-scale invasion of Ukraine.
- Sep 5, 2026Kirill Dmitriev, Jared Kushner and Steve Witkoff met in Moscow.