U.S.'s Russia sanctions architect Singh departs as Ukraine war drags on
25/6/2022 19:52
U.S. President Joe Biden will have a new "sherpa" on his trip to Germany next week - a former BlackRock strategist named Mike Pyle, who replaces Washington's former point person on sanctions, Daleep Singh. Singh, who played a crucial role at the White House in coordinating Western sanctions against Russia over its invasion of Ukraine in February, this week took a job as chief global economist and head of macroeconomic research at PGIM Fixed Income, a Wall Street asset manager with $890 billion in assets. Singh, who was the deputy national security adviser, left the White House in April to "deal with a family issue," a source said at the time, and was said to be only away for a temporary leave of absence. His role stood between economic policy and national security, steering the work of multiple federal agencies that crafted the most intensive set of sanctions in history directed at Russia as well as helping to coordinate the president's participation in international conferences.
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