New: A daily newsletter defining what matters in business and markets


U.S. sanctions Venezuelan president's wife and inner circle

Maduro and wife and other officials waving
Photo: Federico Parra/AFP via Getty Images

The Treasury Department on Tuesday announced new sanctions against four members of Venezuelan President Nicolas Maduro's inner circle — his wife, vice president, communications minister and defense minister.

Why it matters: The U.S. has already sanctioned dozens of Venezuelan officials, including Maduro himself, in an effort to weaken the dictator and "support the Venezuelan people's efforts to restore their democracy."

More stories loading.