; and (2) not later than 2 years after the submittal of the report, the President shall impose each of the sanctions described in subsection (b). (b) Sanctions described The sanctions that may imposed with respect to a foreign financial institution included in the report under section 5(a)(3) are the following: (1) Loans from United States financial institutions The United States Government may prohibit any United States financial institution from making loans or providing credits to the foreign financial institution. (2) Prohibition on designation as primary dealer Neither the Board of Governors of the Federal Reserve System nor the Federal Reserve Bank of New York may designate, or permit the continuation of any prior designation of, the foreign financial institution as a primary dealer in United States Government debt instruments. (3) Prohibition on service as a repository of government funds The foreign financial institution may not serve as agent of the United States Government or serve as repository for United States Government funds. (4) Foreign exchange The President may, pursuant to such regulations as the President may prescribe, prohibit any transactions in foreign exchange that are subject to the jurisdiction of the United States and in which the foreign financial institution has any interest. (5) Banking transactions The President may, pursuant to such regulations as the President may prescribe, prohibit any transfers of credit or payments between financial institutions or by, through, or to any financial institution, to the extent that such transfers or payments are subject to the jurisdiction of the United States and involve any interest of the foreign financial institution. (6) Property transactions The President may, pursuant to such regulations as the President may prescribe, prohibit any person from— (A) acquiring, holding, withholding, using, transferring, withdrawing, transporting, importing, or exporting any property that is subject to the jurisdiction of the United States and with respect