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The Treasury Department on Thursday slapped new sanctions on two dozen Russian entities and individuals for interfering in the 2016 election and conducting a series of damaging cyberattacks.

"The administration is confronting and countering malign Russian cyber activity, including their attempted interference in U.S. elections, destructive cyberattacks, and intrusions targeting critical infrastructure," Treasury Secretary Steven Mnuchin said in a statement. "These targeted sanctions are a part of a broader effort to address the ongoing nefarious attacks emanating from Russia."

Mnuchin added that Treasury is planning to impose additional sanctions "to hold Russian government officials and oligarchs accountable for their destabilizing activities by severing their access to the U.S. financial system."


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