Sanctions levied on Putin and Russian elites
The Biden administration is expected to sanction President Vladimir Putin on Friday, ramping up pressure on the Russian leader as Moscow continues a deadly military assault on Ukraine.
President Joe Biden leveled new economic penalties on the Russian financial system and Kremlin elites and sanctioned the Russian-backed Nord Stream 2 pipeline this week amid the invasion. But Putin has not yielded to the measures, putting pressure on Biden to go further.
Now the president appears poised to strike Putin personally, a rare financial clampdown on a foreign leader.
RUSSIAN BANK AT CENTER OF DEBUNKED COLLUSION CLAIMS SANCTIONED FOLLOWING PUTIN INVASION
Other Russian officials would likely be included, a U.S. official told CNN.
The move follows an announcement by the European Union and the United Kingdom on Friday that it would freeze Putin's assets and those of Russian Foreign Minister Sergei Lavrov. However, the countries did not impose a travel ban.
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I don't think Putin will be moved by sanctions at this point. He sees Ukraine was worth the cost right now. His war against Ukraine is not popular in parts of Russia and that may eventually put political pressure on Putin and his circle.
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