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WASHINGTON (Reuters) – The U.S. House Financial Services committee has postponed a hearing planned for Tuesday on the use of U.S. sanctions against countries such as North Korea, Iran, Russia and Venezuela, the panel said in a statement, citing scheduling issues.
Committee Chairwoman Maxine Waters said in a statement late on Monday the hearing would be held at a future date. The delay was “due to scheduling changes in the House of Representatives,” the panel said in an earlier notice on Sunday.
The article goes on to state the following:
Russian markets have been eyeing Congress’s actions on further potential sanctions or changes. The Russian rouble, which was also stimulated by higher oil prices, climbed on Tuesday following a separate posting to the U.S. House of Representatives’ website outlining the delay.
The Financial Services’ planned panel, entitled, “The Use of Sanctions and Economic Statecraft in Addressing U.S. National Security and Foreign Policy Challenges,” was set to investigate the efficiency of prominent U.S. sanctions programs.
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