All 12 Republican Senators on the Senate Banking Committee are threatening to block two Treasury nominees unless the Biden administration reverses its stance on the Nord Stream 2

pipeline from Russia to Germany and imposes new sanctions on the project, Bloomberg reports from Washington. “We urge you to reverse course on Nord Stream II and join us in Congress’ long-standing defense of European allies and partners from malign Russian aggression,” reads a letter from the Republicans to Treasury Secretary Janet Yellen.