"This is the first time we've met, is that correct?" she asked, attempting to make a point about Bessent not being responsive to the numerous requests she made to his office. "No ma'am, we actually met one New Year's Eve in the Bahamas," Bessent replied, drawing chuckles from the hearing room.
Based on the Administration's review of the novel legal and policy issues raised by use of financial sanctions against financial and commercial activity occurring within evolving technology and legal environments, we have exercised our discretion to remove the economic sanctions against Tornado Cash as reflected in Treasury's Monday filing in Van Loon v. Department of the Treasury.