According to Bloomberg, Deputy Treasury Secretary Brian Nelson plans to visit Seattle, San Francisco and San Diego in January to "warn banks against excessive compliance" when institutions refuse to provide services for fear of violating sanctions.
“When financial institutions engage in risk reduction — indiscriminately losing financial access to entire categories of customers — ordinary Americans may be forced to turn to unregulated and potentially dangerous financial activities,” Nelson said.
In November, the United States extended until March 7, 2023, a general license allowing US individuals and entities to pay taxes, fees, and import duties in Russia.