U.S. Sanctions


Departing U.S. Secretary of the Treasury Jacob J. Lew publishes exit memo

On 05-01-2017, the departing U.S. Secretary of the Treasury Jacob J. Lew published his exit memo – Eight Years of Progress at Treasury and a Look to the Future of American Financial Prosperity. His exit memo, similar to his speech last March at the Carnegie Endowment for International Peace (regarding the evolution of U.S. sanctions) spells out a warning to limit unilateral sanctions and the use of U.S. secondary sanctions.