Ian Cohen (@icohenb) header
Ian Cohen (@icohenb) profile picture

Covering trade & sanctions for @intltradetoday. @TheAlligator alum. Tips: [email protected]

Washington, DC
Joined May 2013
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As companies scramble to keep up with the near-constant stream of Russia sanctions, US sanctions agencies are also feeling pressure. Some OFAC employees are working 20-hour days: exportcompliancedaily.com/ar…
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Companies are increasingly grappling with whether to exit the Russian market or rely on sanctions screening and carve-outs to keep their operations afloat. “These sanctions aren't going away. They are going to stay and they're only going to grow.” exportcompliancedaily.com/ar…
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The U.S. expects its upcoming sanctions and export controls against Russia, if imposed, to be very closely aligned with the EU and include a potential wind-down period: exportcompliancedaily.com/ar…
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Plus, the Biden admin says to look out for more export controls: “The entity listings, I think, you are going to continue to see. We certainly expect that we will continue to be using these tools in a robust fashion.”
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Former #Gators women’s basketball coach Cam Newbauer is accused of making racist remarks, throwing basketballs at players, and verbally abusing the team. “He broke my child…And she didn’t want me to say anything because she thought it would get worse.” alligator.org/article/2021/0…
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"Before Jan. 6, the Capitol seemed almost impenetrable, its pristine dome the physical embodiment of a secure and stable democracy. For many, it is now tinged with an unshakable sense of hypervigilance, trauma, anger and sadness." five months later: nytimes.com/interactive/2021…
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News: Alan Estevez, Biden’s nominee to lead the Commerce Department’s Bureau of Industry and Security, will appear before the Senate on Sept. 21 for his nomination hearing.
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Also scheduled that day is Thea Kendler, nominee for assistant secretary for export administration
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The head of BIS fielded a range of criticism from a congressional commission yesterday on its export control effort for emerging/foundational technologies: exportcompliancedaily.com/ne…
On CFIUS and emerging tech controls, how BIS may or may not be impacting foreign investment reviews, and CFIUS’ excepted state provision: exportcompliancedaily.com/ne…
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Brian Nelson, Biden’s nominee to lead Treasury’s Terrorism and Financial Intelligence unit, is telling a Senate committee now one of his first priorities will be Treasury's ongoing sanctions review.
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He said sanctions should be “as effective and targeted as possible” while “mitigating unintended consequences.”
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New: The Commerce Department is working with a small Texas police agency to seize illegal exports, an unorthodox relationship that may present conflicts of interest. “I never saw anything like this in my 20-year career.” bit.ly/3wpLOEm
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International trade and technology controls regime may not be able to meet for a second year due to #COVID-19, @CommerceGov official says. My @ExportDaily colleague has this morning‘s report: exportcompliancedaily.com/ar… 1/2.
A number of trade & tech policy decisions await Biden's pick to lead Commerce's Bureau of Industry and Security. Meanwhile, Congress is deciding whether to intervene in BIS's emerging/foundational tech control process: exportcompliancedaily.com/ar…
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Commerce's new export controls on foreign military intelligence end-users have been placed on hold. The Biden admin is deciding whether to go forward with the restrictions, which were introduced under Trump: exportcompliancedaily.com/ar…
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Adewale Adeyemo, Treasury deputy secretary nominee, said he’s open to imposing unilateral sanctions but stressed that the U.S. needs to work more with allies. “Our sanctions regimes are always best when we're able to do them multilaterally,” he told Senate Finance just now.
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He also said Treasury should take the same approach toward China — the U.S. should be open to unilateral sanctions but prioritize work with allies to “demonstrate to the Chinese that they're isolated when they violate the rules of the road.”
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Adeyemo also said he places a high priority on CFIUS and wants to help allies improve their own foreign investment screening regimes. He said U.S. allies should have the “same type of authorities” as CFIUS.
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