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| US Treasury sanctions Venezuelan president Maduro | US Treasury sanctions Venezuelan president Maduro |
| (35 minutes later) | |
| The US Treasury Department has announced that it is sanctioning Venezuelan President Nicolas Maduro, describing the Constituent Assembly elections held in the country on Sunday as “illegitimate.” | |
| In an update on Monday, the US Treasury’s Office of Foreign Assets Control said it had added Maduro to its Specially Designated Nationals (SDN) list. This means that any US-based assets of his have been frozen, and American citizens are forbidden from conducting any business with him. | In an update on Monday, the US Treasury’s Office of Foreign Assets Control said it had added Maduro to its Specially Designated Nationals (SDN) list. This means that any US-based assets of his have been frozen, and American citizens are forbidden from conducting any business with him. |
| "The following individual has been added to OFAC's SDN List: MADURO MOROS, Nicolas… President of the Bolivarian Republic of Venezuela," the update read. | "The following individual has been added to OFAC's SDN List: MADURO MOROS, Nicolas… President of the Bolivarian Republic of Venezuela," the update read. |
| According to Treasury Secretary Steven Mnuchin, the White House considers the elections held in Venezuela to be illegitimate and holds Maduro responsible. | |
| “Yesterday’s illegitimate elections confirm that Maduro is a dictator who disregards the will of the Venezuelan people,” Mnuchin said in a statement. “By sanctioning Maduro, the United States makes clear our opposition to the policies of his regime and our support for the people of Venezuela who seek to return their country to a full and prosperous democracy.” | |
| Maduro had previously said that US opinion of the Venezuelan election did not matter. | |
| "A spokesperson for emperor Donald Trump said that they would not recognize the results of Venezuela's constituent assembly election," he told a rally of supporters shortly after Sunday’s vote. | |
| "Why the hell should we care what Trump says?" he added. "We care about what the sovereign people of Venezuela say." |