Since most of the Trump administration talked or met with the famous former Russian ambassador Sergey Kislyak, Putin owns USA. He could instruct the former ambassador to say anything he wants. What if Mr Kislyak talks to the media and tell them a fake story? What if he says that he was in on the complete election campaign. That would crush USA. Not likely but possible.
The other way being owned by Putin is that many Americans in powerful positions potentially could be subject to extortion. That’s more likely to happen.