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Jesus Hernandez / AP

The U.S. levied sanctions on Venezuelan President Nicolas Maduro Monday after a "sham" election Sunday that was internationally condemned as a power grab.

"Maduro is a dictator who disregards the will of the Venezuelan people," Treasury Secretary Mnuchin told reporters at the White House Monday. This is the fourth head of state the U.S. has ever sanctioned, Mnuchin said.

The sanctions: They freeze any assets Maduro has in U.S. jurisdictions and blocks Americans from doing business with him. The U.S. sanctioned 13 Venezuelan officials last week.

About oil: U.S. officials previously said sanctions could target Venezuela's oil sector, which would cripple Venezuela's economy and impact U.S.gasoline prices as well. Per the AP, the U.S. held off due to complications.

Go deeper

Scoop: Trump tells confidants he plans to pardon Michael Flynn

Photo: Alex Wroblewski/Getty Images

President Trump has told confidants he plans to pardon his former national security adviser Michael Flynn, who pleaded guilty in December 2017 to lying to the FBI about his Russian contacts, two sources with direct knowledge of the discussions tell Axios.

Behind the scenes: Sources with direct knowledge of the discussions said Flynn will be part of a series of pardons that Trump issues between now and when he leaves office.

Erica Pandey, author of @Work
4 hours ago - World

Remote work shakes up geopolitics

Illustration: Eniola Odetunde/Axios

The global adoption of remote work may leave the rising powers in the East behind.

The big picture: Despite India's and China's economic might, these countries have far fewer remote jobs than the U.S. or Europe. That's affecting the emerging economies' resilience amid the pandemic.

Trump gives Biden access to presidential intelligence briefings

Photo: Mark Makela/Getty Images

The Trump White House on Tuesday gave President-elect Biden access to daily presidential intelligence briefings, a source familiar with the matter tells Axios.

Why it matters: Trump has refused to share the briefs until now, as he continues to challenge the result of the election and declines to concede. The president's acquiescence comes as another sign that the transition to a Biden administration is taking place.