The Treasury Department last month released its “Treasury 2021 Sanctions Review,” a report that aims, in the words of Secretary of the Treasury Janet Yellen, to provide a “comprehensive” assessment of U.S. sanctions policy. While the review contains some important recommendations that would improve Washington’s approach to sanctions, its analysis suggests that the Biden administration may seek to limit the use of sanctions as a coercive tool without considering the downsides of tying its own hands in that way.
Matthew Zweig is the senior director at the Foundation for Defense of Democracies Action (FDDA). Follow him on Twitter @MattewZweig1.
Anthony Ruggiero is a senior fellow at the Foundation for Defense of Democracies.
