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U.S. takes aim at financial institutions with new Russia sanctions authority

U.S. takes aim at financial institutions with new Russia sanctions authority

US President Joe Biden, with Treasury Secretary Janet Yellen (L) and Defense Secretary Lloyd Austin (R), speaks during a meeting with his cabinet at the White House in Washington, DC, on March 3, 2022.

Jim Watson | AFP | Getty Images

U.S. President Joe Biden on Friday will sign an executive order allowing Washington to impose sanctions on financial institutions that help Russia evade sanctions, U.S. Treasury Secretary Janet Yellen said.

The…


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