The Latest News about Sanctions

U.S. Treasury Secretary Steven Mnuchin and Secretary of State Mike Pompeo hold a press briefing to update the media on sanctions against Iran and other events of the day. During an announcement Thursday, President Trump said that he had finalized sanctions that day and that an announcement would be coming very soon. The sanctions are in response to Iran’s missile ...

The U.S. Treasury Department announced sanctions Tuesday on three Hezbollah officials accused of carrying out “Iran’s bidding.” “[Hezbollah] uses its operatives in Lebanon’s parliament to manipulate institutions in support of the terrorist group’s financial and security interests, and to bolster Iran’s malign activities,” Sigal Mandelker, Treasury’s Under Secretary for Terrorism and Financial Intelligence, said in a statement. The sanctions come ...

The U.S. will impose even more sanctions on Venezuela after recognizing the rival of socialist dictator Nicolas Maduro in January, Vice President Mike Pence announced Friday at Rice University in Houston, Texas. The U.S. is targeting 34 vessels owned or operated by the nation’s state-run oil firm PDVSA and two companies that transport Venezuelan crude oil to Cuba, Pence said. ...

President Donald Trump announced on Twitter Friday he was reversing course on new sanctions on Chinese companies doing business with North Korea. “It was announced today by the U.S. Treasury that additional large scale Sanctions would be added to those already existing Sanctions on North Korea,” Trump wrote. “I have today ordered the withdrawal of those additional Sanctions!” The U.S. ...

WASHINGTON – Today, in its largest ever single-day action targeting the Iranian regime, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned more than 700 individuals, entities, aircraft, and vessels.  This action is a critical part of the re-imposition of the remaining U.S. nuclear-related sanctions that were lifted or waived in connection with the Joint Comprehensive ...

Today, the Departments of State and the Treasury took joint action against Russia’s continued and blatant disregard for international norms. “We will not tolerate attempts to interfere in our democratic process, and we will side with our allies and partners against Russian subversion and destabilization,” administration officials said in a joint statement. “We will continue to work with our allies ...

The U.S. Treasury said Saturday that international efforts to enforce U.N. sanctions against North Korea are effective, but North Korea continues attempts to circumvent them. The United States welcomed, in the statement, the coordination on international efforts to stop North Korea’s illicit shipping activities, including the prohibited ship-to-ship transfers of any goods or items to or from North Korean vessels. The United ...

China responded Friday to new U.S. sanctions against its military, demanding Washington withdraw the penalties or face retaliatory measures.

The Trump administration is preparing new sanctions against Russia following its use of a nerve agent in the U.K. in “violation of international law.”

Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated five Russian entities and three Russian individuals under Executive Order (E.O.) 13694, “Blocking the Property of Certain Persons Engaging in Significant Malicious Cyber-Enabled Activities,” as amended, and Section 224 of the Countering America’s Adversaries Through Sanctions Act (CAATSA).  One of the designated entities in controlled by ...

Senior national security officials held a briefing Thursday morning to update the media on the new sanctions against Russian entities. Some were speaking off the record and only on background so their names are not mentioned and quotes may not be exact. National Security Spokesman Marc Raimondi started the briefing at about 10:05 a.m. EDT. MR. RAIMONDI: Hey, thanks everybody ...

Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated five entities and 19 individuals under the Countering America’s Adversaries Through Sanctions Act (CAATSA) as well as Executive Order (E.O.) 13694, “Blocking the Property of Certain Persons Engaging in Significant Malicious Cyber-Enabled Activities,” as amended, and codified pursuant to CAATSA. “The Administration is confronting and countering ...

The office of the White House Press Secretary released a statement indicating that President Donald Trump will sign the sanctions bill that includes resolutions against Iran, North Korea, and Russia. “President Donald J. Trump read early drafts of the bill and negotiated regarding critical elements of it,” the statement reads. “He has now reviewed the final version and, based on ...

For a very brief moment it looked like the White House and I were finally going to be in agreement on the topic of misrule in the United States. Obama’s White House Press Office released a statement with harsh criticism of government actions that threaten “peace, security, stability, sovereignty, and territorial integrity; and contribute to the misappropriation of its assets.” ...

President Barack Obama signed into law the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (CISADA.) on July 1, 2010.  The law’s purpose was to convince the Iranian Government to comply with its full range of nuclear obligations, and engage in constructive negotiations on the future of its nuclear program. On November 21, 2011, Obama signed Executive Order (EO) 13590. ...