Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Exclusive-Trump administration disbands group focused on pressuring Russia, sources say
    Headlines

    Exclusive-Trump administration disbands group focused on pressuring Russia, sources say

    Exclusive-Trump administration disbands group focused on pressuring Russia, sources say

    Published by Global Banking and Finance Review

    Posted on June 17, 2025

    Featured image for article about Headlines

    By Gram Slattery

    WASHINGTON (Reuters) -The Trump administration shelved in recent weeks an inter-agency working group it had set up to formulate strategies for pressuring Russia into speeding up peace talks with Ukraine, according to three U.S. officials.

    The effort, which was established earlier in the spring, lost steam in May as it became increasingly clear to participants that U.S. President Donald Trump was not interested in adopting a more confrontational stance toward Moscow, said the officials.

    Despite pledging during his campaign to end the war in Ukraine on the first day of his presidency, Trump in recent months has grown increasingly frustrated that his push has yielded no breakthroughs. He has begun saying that the United States may abandon its efforts to broker peace altogether.

    In light of that threat, the working group's task seemed increasingly irrelevant, added those officials, who requested anonymity to describe sensitive internal discussions.

    "It lost steam toward the end because the president wasn't there. Instead of doing more, maybe he wanted to do less," one of the officials said.

    The death of the working group, the existence of which has not been previously reported, is likely to deepen European allies' concerns over Trump's at-times conciliatory tone toward Russia and his reluctance to express full-throated support for Ukraine ahead of a pivotal summit of NATO allies later this month.

    On the first day of a meeting of Group of Seven leaders in Canada on Monday, the Republican president said removing Russia from the former Group of Eight over a decade ago had been a mistake.

    The final blow for the working group came roughly three weeks ago, when most members of the White House National Security Council - including the entire team dealing directly with the Ukraine war - were dismissed as part of a broad purge, according to the three officials.

    The effort was set up and coordinated by high-ranking NSC staffers, the officials said, though it included participants from the State Department, Treasury Department, the Pentagon and intelligence community. Among those working on the effort was Andrew Peek, the top NSC official for Europe and Russia, who was removed in May.

    It is unclear precisely who gave the order to discontinue the effort, but the officials suggested the depth of the NSC cuts made its continuation largely untenable.

    Since the effort's dissolution, Trump's broader peacemaking efforts, which had been a central element of his campaign pitch, have hit a challenging stretch. Despite some successes - such as a U.S.-brokered ceasefire between India and Pakistan - Trump has made little tangible progress in achieving a ceasefire in Gaza and the risk of a full-blown regional war in the Middle East has risen rapidly with the Israel-Iran conflict.

    The dissolution of the group also follows a March suspension of work by some U.S. national security agencies on a coordinated effort to counter Russian sabotage and disinformation operations, Reuters reported at the time.

    Nevertheless, Trump could choose to adopt a firmer stance toward Russia regardless of the fate of the working group, which was set up to develop options for the president "if he wanted to get tougher on Russia," one of the officials said.

    Some Trump allies, including Republican Senator Lindsey Graham, have publicly advocated for an expansive new round of sanctions directed at Russia, citing Moscow's effective rejection of U.S. ceasefire proposals and the Kremlin's continual attacks on civilian targets as proof of Putin's recalcitrance.

    Trump has said he is considering such measures, but he has also regularly faulted both sides for the ongoing hostilities.

    The White House did not respond to a request for comment, nor did the Treasury Department, the State Department or the Pentagon.

    The Ukrainian and Russian embassies in Washington also did not respond to requests for comment.

    "DEEP FRUSTRATION"

    The working group was formed in March or April at a time when some close Trump advisers were growing increasingly skeptical of the Kremlin's willingness to reach a deal, while Trump's rhetoric suggested he might be interested in modifying his accommodating stance toward Putin.

    In an interview with NBC News in late March, he said he was "very angry" and "pissed off" at the Russian leader for raising questions about the legitimacy of Ukrainian President Volodymyr Zelenskiy.

    NSC spokesman James Hewitt said in an April 1 statement to Reuters that there was a "deep frustration with the Russian government over negotiations."

    Among the topics discussed within the working group was how the U.S. could incentivize or pressure former Soviet states, as well as other Eastern European and Asian nations, to limit the flow of goods and energy into and out of Russia, said the officials.

    It is unclear if Trump was aware of the working group's formation or subsequent dissolution.

    The NSC removals left few high-ranking people on the Russia file, complicating the prospects for any robust inter-agency debate on the topic.

    While reluctant to discuss the details of the options drawn up by the group due to the sensitive nature of the work, U.S. officials said the group was still brainstorming ideas when it was dissolved. The group's work was unrelated to the Russia sanctions package in the U.S. Senate.

    Ideas ranged from tailored economic deals designed to peel some countries out of Russia's geopolitical orbit to covert special operations efforts, the officials said.

    One official mentioned the possibility of creating an incentive structure to push Kazakhstan to more vigorously crack down on sanctions evasion. The country, like other post-Soviet states, has been used by traders to bypass some Western-imposed import restrictions on Russia since Moscow's expanded invasion began in 2022.

    The Kazakhstani embassy in Washington did not respond to a request for comment.

    (Reporting by Gram Slattery; Additional reporting by Idrees Ali and David Lawder; Editing by Humeyra Pamuk and Deepa Babington)

    Related Posts
    Britain to overhaul benchmark rules to cut industry burden
    Britain to overhaul benchmark rules to cut industry burden
    Novartis, Roche near US drug price deal, Bloomberg News reports
    Novartis, Roche near US drug price deal, Bloomberg News reports
    Italy's top court upholds acquittal of Salvini in migrant kidnapping case
    Italy's top court upholds acquittal of Salvini in migrant kidnapping case
    Zelenskiy tells Europe: Use frozen assets to end Russia's appetite for war
    Zelenskiy tells Europe: Use frozen assets to end Russia's appetite for war
    Sweeping US defense bill passes, with Ukraine, Venezuela provisions defying Trump
    Sweeping US defense bill passes, with Ukraine, Venezuela provisions defying Trump
    Sarajevo takes steps on air quality after most-polluted city ranking
    Sarajevo takes steps on air quality after most-polluted city ranking
    Slovakia's top court pauses government overhaul of whistleblower agency
    Slovakia's top court pauses government overhaul of whistleblower agency
    Brazil threatens to abandon Mercosur-EU deal as Italy, France seek delay
    Brazil threatens to abandon Mercosur-EU deal as Italy, France seek delay
    EU rules out UK exemption from carbon border levy until markets link
    EU rules out UK exemption from carbon border levy until markets link
    Poland prioritises domestic arms purchases under EU SAFE programme
    Poland prioritises domestic arms purchases under EU SAFE programme
    G7 condemns prosecution of Jimmy Lai, calls for his release
    G7 condemns prosecution of Jimmy Lai, calls for his release
    UK's Inocea Group eyes acquisition of Germany warship builder GNYK, source says
    UK's Inocea Group eyes acquisition of Germany warship builder GNYK, source says

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Headlines PostIndonesia's Prabowo to hold talks with Putin to cement 'strategic partnership'
    Next Headlines PostSwitzerland fines Pictet for money laundering, sentences former employee

    More from Headlines

    Explore more articles in the Headlines category

    US allows oil sales from Russia's Sakhalin-2 project through June 18

    US allows oil sales from Russia's Sakhalin-2 project through June 18

    UK exempts Egypt's Zohr gas field from Russia sanctions

    UK exempts Egypt's Zohr gas field from Russia sanctions

    ECB proposes extending Elderson's mandate at bank supervision arm

    ECB proposes extending Elderson's mandate at bank supervision arm

    Exclusive-Poland to start producing anti-personnel mines to lay along eastern border

    Exclusive-Poland to start producing anti-personnel mines to lay along eastern border

    German budget committee clears 50 billion euros in defence contracts

    German budget committee clears 50 billion euros in defence contracts

    Germany opens joint drone defence centre in Berlin

    Germany opens joint drone defence centre in Berlin

    Finland's prime minister apologises to Asian nations over racism scandal

    Finland's prime minister apologises to Asian nations over racism scandal

    Spanish city evicts hundreds of migrants from occupied building

    Spanish city evicts hundreds of migrants from occupied building

    US confirms tariff elements of trade deal with Switzerland

    US confirms tariff elements of trade deal with Switzerland

    Swedish explosives start-up gets permit for TNT factory

    Swedish explosives start-up gets permit for TNT factory

    US gaming platform Roblox pledges changes to get Russian ban lifted

    US gaming platform Roblox pledges changes to get Russian ban lifted

    Italy, France say it is 'premature' to sign EU-Mercosur trade deal

    Italy, France say it is 'premature' to sign EU-Mercosur trade deal

    View All Headlines Posts