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U.S To Review Biden-Era Sanctions As Treasury Warns Restrictions Threaten Dollar’s Global Status
Video Credit: Oneindia
Published 2 days ago - Duration: 03:08s
U.S To Review Biden-Era Sanctions As Treasury Warns Restrictions Threaten Dollar’s Global Status
U.S sanctions review is underway as Trump orders a crackdown on ineffective Biden-era restrictions.
Treasury Secretary Scott Bessent warns that weak sanctions threaten the dollar’s reserve status.
The US aims to intensify measures against Iran and Russia under ‘Operation Maximum Pressure.’ If Ukraine negotiations fail, tougher Russian sanctions remain on the table.
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Scott Bessent
U.S. secretary of the treasury since 2025
Donald Trump
President of the United States (2017–2021, 2025–present)
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Ukraine
Country in Eastern Europe