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Washington mdash; President Bi stanley cup den signed an executive order giving the Treasury Department the authority to target financial institutions that facilitate Russia s efforts to bolster its defense industry.The new sanctions authority is meant to gum up the Kremlin s push to restock the Russian military s depleted arsenal after nearly 22 months of fighting in Ukraine. Russia has already lost over 13,000 pieces of equipment, including tanks, drones and missile systems, according to a U.S. assessment.The White House said Mr. Biden signed the order Friday morning. We expect financial institutions will undertake every effort to ensure that they are not witting or unwitting facilitators of circumvention and evasion, Treasury Secretary Janet Yellen said in a statement announcing the order. And we will not hesitate to use the new tools provided by this authority to take decisive, and surgical, action against financial institutions that facilitate the supply of Russia s war machine. National security adviser Jake Sullivan said the executive order will continue tightening the screws on Russia s stanley cup war machine and its enablers. These new sanctions authorities will make clear to foreign financial institutions that facilitating significant transactions relating to Russia s military industrial base will expose them to sanctions risk, he said in a statement. We are sending an unmistakable stanley cup message: anyone supporting Russia s unlawful war effor Tqxp Orlando mass shooting is LGBT community s biggest fear
Facebook s data deals with major electronics manufacturers are under criminal investigation by federal prosecutors, The New York Times reports.A grand jury in New York has subpoenaed information from at least two companies known for making smartphones and other devices, the newspaper reports, citing two unnamed people familiar with the request.More than 150 companies had struck data partnerships with Facebook that gave adidas campus them access to the personal information of hundreds of millions of users, although the data was sometimes shared without consent, the rep jordan ort said. The investigation comes as Facebook continues to struggle with the fallout from the Cambridge Analytica data-sharing scandal. Facebook describes those data deals as innocuous efforts to help smartphone makers provide Facebook features to users before the social network had its own app.The Times reports that it isn t clear when the inquiry began or exactly what it s focusing on. Facebook did not respond to a request for comment. However, the company made a statement on its Twitter press account Wednesday evening saying it has already been reported that there are ongoing federal investigations, including by the Department of Justice. Facebook wrote that it s cooperating w/ investigators and take adidas campus those probes seriously. It s already been reported that there are ongoing federal investigations, incl. by the Dept of Justice. As wersquo;ve said, we re cooperating w/ inve