Economics
U.S. Sanctions 11 People and Companies for Iranian Activities
- Some said to help with cyber-attack on U.S. banks, exchanges
- Penalties also levied for aiding Iran’s Revolutionary Guard
Trump Says Iran Nuclear Deal Is 'Embarrassment' to U.S.
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The U.S. Treasury Department imposed financial sanctions Thursday against 11 entities and people for supporting Iranian activity the Trump administration considers hostile, including cyber-attacks against U.S. financial institutions.
“Treasury will continue to take strong actions to counter Iran’s provocations, including support for the IRGC-Qods Force and terrorist extremists, the ongoing campaign of violence in Syria, and cyber-attacks meant to destabilize the U.S. financial system,” Treasury Secretary Steven Mnuchin said in a statement.