The Obama administration is poised to hit Russia with new sanctions in response to alleged Russian hacking and interference in the November U.S. presidential elections.
The Washington Post reported Wednesday that the White House had been debating how to quickly punish Russia using an executive order that President Barack Obama signed last year. That executive order allows the president to levy economic sanctions against hackers based overseas who are beyond the reach of law enforcement.
The order specifically seeks to sanction those who threaten national security, infrastructure or the U.S. economy. It allows the government to freeze any assets held by the individuals in American banks or other financial institutions. It also prevents all Americans from doing business with those individuals. The government also can place a visa ban on these people.| | | Next → |