U.S. considering sanctions to restrict Visa, Mastercard in Venezuela: official
WASHINGTON - The United States is considering imposing financial sanctions that could prohibit Visa Inc , Mastercard Inc and other financial institutions from processing transactions in Venezuela, a senior Trump administration official said on Thursday.
The sanctions would be targeted at the elite and groups loyal to Maduro, including members of the military, armed gangs and Cubans operating in Venezuela, while aiming to spare ordinary Venezuelans. Specific financial institutions considered to be complicit in propping up Maduro or the whole financial sector in Venezuela could be targeted in the sanctions.
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