January 7, 2023, 16:57 – Public News Service – OSN

Deputy Minister of Finance USA Brian Nelson is going to visit a number of American banks in the near future, intending to warn their management against being too strict in enforcing the bans imposed by the sanctions restrictions. It is reported by Bloomberg news agency.

It is noted that as a result of the sanctions announced by the United States, some banks began to exercise excessive caution when working with clients, trying not to fall under one or another punishment from the state. The consequence of this caution was an increased number of customer service failures.

Nelson believes that this situation is dangerous because it could force American citizens who were denied service due to frivolous caution to take rash measures.

“Ordinary Americans may be forced to turn to unregulated and potentially dangerous financial activities,” said the deputy head of the US Treasury.

Earlier it became known that the US Department of the Treasury gave the first instructions on the mechanism of operation of the price ceiling for Russian oil. In particular, it was clarified that in the case of deep oil refining outside of Russia, this may be the basis for the release of oil products from price restrictions. Details read in material Public news service.