Economics
White House Sanctions Venezuelan President Nicolas Maduro
- Decision follows Venezuelan vote to rewrite constitution
- Move freezes Maduro’s assets, prevents U.S. dealing with him
U.S. Weighs Oil Action on Venezuela Vote Fallout
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The Trump administration sanctioned Venezuela’s President Nicolas Maduro on Monday, accusing him and his government of undermining democracy in the South American country.
In an unusual move directed at a head of state, the Treasury Department acted after a vote Sunday that was a step toward rewriting his country’s constitution. The designation freezes any of Maduro’s assets that are subject to U.S. jurisdiction and prevents anyone in the U.S. from dealing with him.