Modernizing Sanctions To Combat Terrorism

What it means

The order strengthens and modernizes counter-terrorism sanctions by expanding the government's ability to target terrorists and their supporters. It consolidates previous sanctions frameworks while broadening the Treasury Department's authority to block terrorist assets and restrict access to the U.S. financial system.

Expected impact

• Enhanced ability for the U.S. government to freeze assets of terrorists, their leaders, financiers, and those providing material support
• Increased pressure on foreign financial institutions that conduct business with designated terrorists
• More comprehensive tools for targeting the full networks that support terrorist organizations
• Streamlined counter-terrorism sanctions framework for more effective enforcement