US and Its Allies Will Tighten Screws on Russia’s Evasion of Sanctions, Says Treasury Department

Adewale "Wally" Adeyemo at his Senate Finance Committee nomination hearing to be Deputy Secretary of the Treasury in the Dirksen Senate Office Building, in Washington, D.C., on Feb. 23, 2021. (Greg Nash/Pool via Reuters

The United States and its allies will impose new sanctions this week on Russia in order to punish the Kremlin for the war in Ukraine.

Deputy U.S. Treasury Secretary Wally Adeyemo announced on Feb. 21 further efforts to prevent Russia from evading sanctions and export controls, aimed at pressuring it to withdraw from its neighbor.