Mar 27, 2017

Russian bank confirms Kushner meeting

Pablo Martinez Monsivais / AP

The Russian state bank Vnesheconombank confirmed to the AP that its chair met with Jared Kushner, Trump's senior advisor and son-in-law. The bank said the meeting was part of "road show" discussions with representatives of financial institutions throughout the world, and they discussed strategies for development banks.

The White House said Kushner was just doing his job by holding this meeting, but Obama sanctioned this bank in 2014 and contacts with Russia have other Trump associates in hot water.

What to watch: Kushner has agreed to discuss his Russia contacts with the Senate Intelligence Committee.

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Updated 26 mins ago - Politics & Policy

Trump administration to eliminate nuclear waivers tied to Iran deal

Pompeo testifies on Iran in February. Photo: Mark Wilson/Getty Images

The U.S. is ending waivers that had allowed foreign companies to work at Iran's civilian nuclear facilities, Secretary of State Mike Pompeo announced on Wednesday.

Why it matters: This will eliminate most elements of U.S. sanctions relief still in place two years after President Trump withdrew from the 2015 Iran nuclear deal. Pompeo said "continued nuclear escalation" made the move necessary, but critics warn it will encourage further Iranian enrichment.

Top Senate Democrat says State Dept. is working on new Saudi arms deal

Secretary of State Mike Pompeo briefs reporters on May 20. Photo: Nicholas Kamm/pool/AFP via Getty Images

Senate Foreign Relations ranking member Bob Menendez (D-N.J.) wrote in a CNN op-ed on Wednesday that he learned that the State Department is currently working to sell thousands of additional precision-guided bombs to Saudi Arabia.

Why it matters: Democrats say that Steve Linick, the State Department inspector general who was ousted on Secretary of State Mike Pompeo's recommendation, was investigating the administration's previous effort to sell weapons to Saudi Arabia without congressional approval.