California California Congressman Juan Vargas, a high-ranking member of the monetary policy of the Committee on Financial Services of the House of Representatives, specifically asked the Bessent whether he considers Vladimir Putin as a war criminal. "Yes," the Minister of Finance replied. Then Vargas clarified whether the US government would conduct peace talks with a military criminal. "I think this is the essence of diplomacy. It is necessary to negotiate with both sides.
I believe that after the Second World War, negotiations with the Japanese were needed," - said Bessent. Before that, the US Minister of Finance called the sanctions of the previous President Joe Baiden's administration against the Russian Federation. According to him, they were directed only at lower oil companies and did not bring the necessary effect.
Bessent stressed that the Trump administration has succeeded in reducing oil prices, and this has led to a reduction in the revenues of the Russian budget. On May 4, Russian President Vladimir Putin stated that peace with Ukraine is inevitable and the restoration of Russian-Ukrainian relations is a matter of time. US President Donald Trump, in an interview, published on May 4, said that Russia should give way to the whole territory of Ukraine in a potential peace agreement.
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