Elizabeth Warren, Ranking Member of the U.S. Senate Committee on Banking, Housing and Urban Affairs, joined by Senators Jeanne Shaheen and Chuck Schumer, issued a statement condemning the Trump Administration for renewing Russia General License 134, which they described as removing sanctions risk for any person purchasing Russian oil loaded on vessels as of March 12, 2026. The senators framed the renewal as a reversal of a White House press conference remark by U.S. Treasury Secretary Scott Bessent two days earlier that the general license would not be renewed, and urged President Trump to impose additional sanctions on Russia. Their statement also pointed to recent Russian attacks on Ukraine and cited a claim that Russia’s oil revenues nearly doubled in March.
U.S. Senate Committee on Banking, Housing and Urban Affairs 2026-04-17
U.S. Senate Committee on Banking, Housing and Urban Affairs Democrats condemn Trump Administration extension of Russia General License 134 for Russian oil purchases
The Ranking Member of the U.S. Senate Committee on Banking, Housing and Urban Affairs, Elizabeth Warren, together with Senators Jeanne Shaheen and Chuck Schumer, issued a statement condemning the Trump Administration’s renewal of Russia General License 134, which they said removes sanctions risk for any person purchasing Russian oil loaded on vessels as of 12 March 2026. They urged President Trump to impose additional sanctions on Russia, citing recent Russian attacks on Ukraine and a claim that Russia’s oil revenues nearly doubled in March.