Washington crackdown on Russia intensifies as White House targets oligarchs and Pelosi floats oil ban
in fresh aid to bolster Ukraine’s defenses and shore up NATO allies. And lawmakers began to discuss ways to follow the new funds with other proposals, including measures that might limit Russian trade or empower the U.S. government to enforce its economic directives more effectively.“We want him to feel the squeeze,” White House press secretary Jen Psaki said of Putin at her daily press briefing, describing the president’s strategy. “We want people around him to feel the squeeze.
Biden had for weeks explicitly warned about the prospect of economic blowback as he sought to rally the nation in a swift, united condemnation of Russian aggression. Speaking to the nation Tuesday during his, he cast the financial burdens as an unavoidable cost of holding Russia to account for a war without cause.
In addition to Usmanov, the administration also announced sanctions on Dmitry Peskov, who serves as Putin’s press secretary, and Nikolai Tokarev, a longtime associate who is also the president of Transneft, a state-owned pipeline company that is responsible for transporting 90 percent of the oil extracted in Russia, according to the Treasury Department. The administration further imposed visa restrictions on 19 oligarchs and 47 of their family members and close associates.
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