The Trump administration has unveiled a new executive order aimed at expanding the power to impose counterterrorism sanctions.
According to The Hill:
The Trump administration on Tuesday unveiled a new executive order to expand counterterrorism sanctions, which officials said would make it easier to target terrorists and their financiers.
“Foreign financial institutions are now on notice that they risk sanctions if they knowingly conduct or facilitate any significant transactions with designated terrorists and terrorist enablers,” President Trump said in a statement accompanying the executive order.
Secretary of State Mike Pompeo and Treasury Secretary Steven Mnuchin detailed the measure during a briefing with reporters at the White House, but the announcement was overshadowed by the firing of national security adviser John Bolton, who had been scheduled to attend the event, just two hours earlier.
The executive order amends a previous directive to allow the State and Treasury Departments to directly target leaders of terrorist groups and associated entities without having to tie them to specific acts, Pompeo said.
Mnuchin also stated that this expanded power allows the administration to deter terrorism worldwide.