President Biden signed a new executive order on May 1, 2026, imposing sanctions on individuals responsible for repression in Cuba and those posing threats to U.S. national security and foreign policy. The order, issued through the Treasury Department’s Office of Foreign Assets Control (OFAC), expands the list of sanctioned persons and entities linked to the Cuban regime’s human‑rights abuses. Under the order, the U.S. will block the assets of designated individuals and prohibit U.S. persons from engaging in transactions with them. The action is part of the U.S. government’s broader strategy to hold the Cuban government accountable for its repressive actions. The Treasury’s sanctions list updates will reflect the new designations, and U.S. businesses must review compliance obligations accordingly.
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