Treasury Secretary Mnuchin and President Trump. Photo: Mandel Ngan / AFP via Getty Images

The sanctions announced yesterday constitute the Trump administration’s first retaliatory response to Russia’s interference in the 2016 election. Yet the sanctions fail to hit Putin close enough to his power structures, such as those who hold money for senior regime officials, and lack appropriate coordination with allies, especially the U.K.

Why it matters: Although the sanctions are a welcome measure, they may not be forceful enough to deter Russia from interfering in the U.S. midterm elections this November.  

The most notable of Thursday’s sanctions are those imposed on senior GRU officials for the NotPetya cyber attack, which caused significant financial damage to western firms, especially Merck and Maersk. The others amount merely to bureaucratic housekeeping, targeting those indicted by the special counsel or redesignating targets that were penalized under the Obama administration.

The bottom line: The U.S. missed an opportunity in failing to impose more targeted sanctions against individuals named in the Kremlin report and in not coordinating more closely with our allies: After all, it was the U.K. that suffered the most damage from the NotPetya hack. Transatlantic unity was a hallmark of the Ukraine-related sanctions, and a similar response to both this attack and cyber hacking would send a much stronger message to Moscow.

Brian O’Toole is a nonresident senior fellow with the Atlantic Council’s Global Business and Economics Program and a former senior adviser to the director of the Office of Foreign Assets Control at the U.S. Treasury Department.

Go deeper: More experts weigh in at the Atlantic Council's New Atlanticist blog.

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Trump pushes to expand ban against anti-racism training to federal contractors

Trump speaking at Moon Township, Penns., on Sept. 22. Photo: Mandel Ngan/AFP via Getty Images

President Trump announced late Tuesday that the White House attempt to halt federal agencies' anti-racism training would be expanded to block federal contractors from "promoting radical ideologies that divide Americans by race or sex."

Why it matters: The executive order appears to give the government the ability to cancel contracts if anti-racist or diversity trainings focused on sexual identity or gender are organized. The memo applies to executive departments and agencies, the U.S. military, federal contractors and federal grant recipients.

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Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 9:30 p.m. ET: 31,467,508 — Total deaths: 967,881— Total recoveries: 21,583,915Map.
  2. U.S.: Total confirmed cases as of 9:30 p.m. ET: 6,890,662 — Total deaths: 200,710 — Total recoveries: 2,646,959 — Total tests: 96,612,436Map.
  3. Health: The U.S. reaches 200,000 coronavirus deaths — The CDC's crumbling reputation — America turns against coronavirus vaccine.
  4. Politics: Elected officials are failing us on much-needed stimulus.
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  6. Sports: NFL fines maskless coaches.
Dan Primack, author of Pro Rata
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GoodRx prices IPO at $33 per share, valued at $12.7 billion

Illustration: Sarah Grillo/Axios

GoodRx, a price comparison app for prescription drugs at local pharmacies, on Tuesday night raised $1.14 billion in its IPO, Axios has learned.

By the numbers: GoodRx priced its shares at $33 a piece, above its $24-$28 per share offering range, which will give it an initial market cap of around $12.7 billion.

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