Business Groups Warn Against Russia Sanctions Before Panel Vote

Two business groups are warning a key Senate committee against enacting sanctions on Russia, arguing that the measure would be disruptive to business and counterproductive in advancing U.S. interests.

The U.S. Chamber of Commerce and the American Petroleum Institute separately wrote to the Senate Foreign Relations Committee urging members to proceed with caution on sanctions targeting foreign governments. The letters come the day before the Republican-led panel plans to consider a long-stalled bill to sanction Russia for meddling in the 2016 election.