State Department Adds Russians to Sanctions Blacklist for Harmful Acts
Published Date: 2/21/2025
Notice
Summary
The U.S. government just added some people linked to harmful actions by the Russian government to a special blacklist. This means any money or property they have in the U.S. is frozen, and Americans can’t do business with them. These moves are immediate and aim to stop bad behavior by cutting off their access to U.S. resources.
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
U.S. Asset Freezes and Transaction Ban
The Department of State added one or more people to the Treasury Department’s Specially Designated Nationals (SDN) list. All property and interests in property of those people that are subject to U.S. jurisdiction are blocked, and U.S. persons are generally prohibited from engaging in transactions with them. These moves are immediate.
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