Trump gives US Treasury powers to impose anti-Russia sanctions

Trump gives US Treasury powers to impose anti-Russia sanctions

US President Donald Trump has given the Department of Treasury the authority, under the International Emergency Economic Powers Act (IEEPA), to impose sanctions on Russia, the White House said in a press release, Sputnik reports.

"I have authorized the Secretary of the Treasury, in consultation with the Secretary of State, to take such actions, including promulgating rules and regulations, and to employ all powers granted to the President by IEEPA and certain sections of CAATSA [Countering America's Adversaries Through Sanctions Act] and UFSA [Ukraine Freedom Support Act] as may be necessary to carry out the purposes of the Executive Order," the release said.

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