Executive Order 14014, issued by President Joseph R. Biden Jr., declares a national emergency concerning the situation in Burma following a military coup on February 1, 2021. The order blocks property and interests in property of certain foreign individuals involved in activities undermining democracy, human rights abuses, and other harmful actions in Burma. It also suspends the entry of these individuals into the United States and outlines measures to prevent transactions that would circumvent the order. The order empowers the Secretary of the Treasury and other agencies to implement and enforce these restrictions.
Simple Explanation
President Biden signed a rule to stop some people who are hurting democracy in Burma from using their money and coming to the U.S.