Sen. Marco Rubio (R-Fla.) has expressed concern regarding the Treasury Department’s quiet updates to its sanctions related to the Chinese military.
Rubio referred to the updates, which were posted as “Frequently Asked Questions” notes, as “unacceptable” and running “directly counter to U.S. national security priorities.” He strongly urged the department to reverse its change in policy.
Potentially Damaging Rules
On June 21, Rubio wrote to Treasury Secretary Janet Yellen regarding the release of three FAQs on June 1 relating to the Trump-era Executive Order (E.O.) 13959, amended by Biden’s Treasury and its Office of Foreign Assets Control (OFAC) in E.O. 14032….