The Trump administration is considering lifting the sanctions on RDIF. Under Biden, US authorities called the fund Putin's "black fund". US President Donald Trump's administration is considering lifting sanctions on the Russian Direct Investment Fund (RDIF). This was reported to the "New York Times" by sources familiar with the progress of the negotiations between Russia and the USA. The Russian side insists on lifting the sanctions on RDIF so that the fund can participate in the supply of Russian diesel fuel to the United States, interlocutors said now. According to one of them, the US Treasury Department is examining the fund's request to remove the sanctions as part of the normal procedures. This means that RDIF will have to prove that the grounds for which the sanctions were imposed have ceased to be valid. RDIF is headed by Kirill Dmitriev, one of the key participants in the Russian-American negotiations. It is he who promotes the Kremlin's proposals for possible joint business projects between Russia and the United States. US President Joe Biden's administration imposed sanctions against RDIF on February 28, 2022, four days after Russia's invasion of Ukraine. "Although the RDIF is officially a sovereign investment fund, many see it as President Vladimir Putin's slush fund and one of the clearest examples of the kleptocracy characteristic of the Russian power system," the US Treasury Department said at the time.