RIO DE JANEIRO (AP) — The U.S. Treasury Department said Wednesday it was imposing sanctions on Brazil’s Supreme Court Justice Alexandre de Moraes over alleged suppression of freedom of expression and the ongoing trial of former President Jair Bolsonaro.

Brazilian banks are scrambling to assess the domestic fallout from sweeping U.S. sanctions against a Supreme Court justice who oversees a criminal trial against an ally of President Donald Trump, as legal teams weigh how the move to isolate the judge financially could ripple through Brazil's financial system.

The US imposed sanctions on Brazilian Supreme Court Justice Alexandre de Moraes, escalating its targeting of the judge overseeing legal probes into whether former President Jair Bolsonaro attempted a coup after his 2022 election defeat.