U.S. Treasury’s No. 2 Official Says Russia Sanctions ‘At the Ready’

WATCH: Deputy Treasury Secretary Wally Adeyemo says Russian sanctions are “at the ready.”Source: Bloomberg
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Deputy Treasury Secretary Wally Adeyemo said the U.S. and its European allies have economic sanctions “at the ready” in case Russian troops invade Ukraine.

“We have a carefully designed set of sanctions that would have a significant impact on the Russian economy and mitigate the impact it would have here in the United States,” Adeyemo said Tuesday in an interviewBloomberg Terminal with Bloomberg Television.