Photo: Mikhail Svetlov / Getty Images

The Treasury Department has released a much anticipated list of Russian oligarchs and political figures as mandated under a sanctions law passed by Congress last year, but has not leveled any new sanctions. Vladimir Putin called the list's publication a "hostile act," but said he would "refrain" from taking any steps in response.

Why it matters: The list was ostensibly intended to name and shame those who were benefiting from their relationships with Putin. But all it offers is publicly available information, without repercussions. So don't be surprised if it doesn't lead any of the oligarchs to change their behavior.

The details: The political list seems to have been taken wholesale from the Kremlin's website, while the 96 oligarchs listed are simply the Russians classified by Forbes as billionaires, per the AP. As former U.S. ambassador to Russia Michael McFaul points out, some of those listed can hardly be considered close Putin allies.

Our thought bubble: The list may reflect an internal compromise between administration factions supporting a hard line and another, aligning with President Trump, that prefers backing away from the sanctions regime.

Go deeper: Meet Putin's oligarchs

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Houston public health system CEO says coronavirus situation is "dire"

Houston's coronavirus situation is "dire, and it's getting worse, seems like, every day," Harris Health System CEO and President Dr. Esmail Porsa said Monday on MSNBC's "Morning Joe."

The big picture: Porsa said the region is seeing numbers related to the spread of the virus that are "disproportionately higher than anything we have experienced in the past." He noted that Lyndon B. Johnson Hospital's ICU is at 113% capacity, and 75% of its beds are coronavirus patients.

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Illustration: Aïda Amer/Axios

Asset managers at major U.S. investment firms are starting to get bullish with their clients, encouraging stock buying and trying not to get left behind right as the metrics on tech stocks rise back to highs not seen since the dot-com crash of 2000.

What's happening: Appetite for stocks is starting to return, but slowly as institutional money managers were overwhelmingly sitting on the sidelines in cash during April and May.

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China bans Cruz and Rubio over Xinjiang criticism

Photos: Graeme Jennings/Pool/Getty Images; Al Drago/Pool/Getty Images

China said Monday that it will ban entry to Sens. Marco Rubio (R-Fla.) and Ted Cruz (R-Texas) over their criticisms of human rights abuses in Xinjiang, the AP reports.

The big picture: The move seems to be retaliatory after the U.S. announced sanctions on four Chinese officials for human rights abuses against Uighur Muslims and other ethnic minorities in the region last week.