U.S. says it will exert economic muscle to support Venezuela's Guaido

The U.S. Treasury on Friday signaled it was working to tighten the financial noose on Venezuelan President Nicolas Maduro as it steps up efforts to transfer control of government assets to opposition leader Juan Guaido. The Treasury Department statement stopped short of announcing a freeze on Venezuela's U.S. assets and accounts, however. On Wednesday, Washington recognized National Assembly chief Guaido as Venezuela's interim president.

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