Trump administration gave firm with ties to ballroom donor the green light to do business with a sanctioned Russian bank

Private equity investor Konstantin Sokolov was also appointed to run a government enterprise fund. A company linked to a major Trump donor received authorization from the Treasury Department to complete an acquisition involving a sanctioned Russian bank, according to public records. The Texas-based Dynamic Frontier Holdings purchased Teghut, one of Armenia’s largest copper mines, this summer. Dynamic Frontier’s manager is Konstantin Sokolov, a Russian-American businessman who was one of three dozen private donors to President Donald Trump’s $350 million White House ballroom project.