Anyone who doubts the power of the bureaucracy ought to look into the quandary confronting ExxonMobil.
The Office of Foreign Assets Control (OFAC) at Treasury recently announced that it would levy a $2 million fine against the company for alleged violations of Ukraine-related sanctions policy while Secretary of State Rex Tillerson served as chairman and CEO of the company.
Treasury’s reason? on WeeklyStandard.com …read more
Source: The Weekly Standard
