Treasury Sanctions Venezuelan President
There was a vote to expand his powers yesterday.
The market isn't doing much with the headline. Note that these are personal sanctions against him, not against Venezuela or Venezuelan oil.
Under the sanctions, all his personal assets subject to US jurisdiction are frozen and all Americans are prohibited from dealing with him. The sanctions are for 'undermining democracy', according to the statement.
Update: A Congressional source cited by Reuters said no oil sanctions will be included but remain under consideration. Still no reaction in crude.
