The second-in-command at the Treasury Department said the agency is primed to step up its enforcement efforts regarding sanctions and export controls announced against Russia in the year since the country invaded Ukraine.
Deputy Secretary of the Treasury Wally Adeyemo said in remarks delivered Tuesday the agency and its international counterparts are “planning to launch a renewed effort to rigorously enforce the sanctions and export controls we’ve already put in place” regarding Russia. The Treasury is working with its allies in the G7 and European Union to combat sanctions evasion attempts by those “willing to put the people of Ukraine at risk to turn a quick profit,” said Adeyemo.
