2 years ago
The Biden administration on Wednesday leveled new sanctions against a Russian commercial bank, a Russian oligarch and a group of companies operating in Russia’s virtual currency mining industry.
The actions, announced by the Treasury Department, come on the second day of Russia’s new offensive in the Donbas region of southeastern Ukraine, where Russian forces have launched their anticipated assault after withdrawing from the northern part of the country.
Earlier Wednesday, Undersecretary of State for Political Affairs Victoria Nuland previewed a new round of U.S. sanctions, telling MSNBC in an interview that the United States must “continue to up the pressure” on Russian President Vladimir Putin and “the richest Russians, so that they will pressure Putin.”
The Biden administration also is preparing a new package of security assistance to provide Ukrainian forces with the types of weapons that will better help them fend off the Russian attacks in the Donbas. Biden told reporters on Tuesday that he would authorize the delivery of more artillery to Ukraine.
English (US)