The United States on Thursday announced a raft of new financial sanctions on Russian lawmakers and defense companies, further ratcheting up financial pressure on Moscow over its invasion of Ukraine.
The latest actions from the Treasury Department target more than 400 individuals and entities, including dozens of Russian defense companies; 328 members of the Russian State Duma, the lower house of Parliament; and dozens of individuals from the Russian elite.
The penalties from the U.S. will hit Herman Gref, the head of Russia's largest financial institution and an adviser to President Vladimir Putin; Russian billionaire Gennady Timchenko, his companies and his family members; as well as 17 board members of the Russian financial institution Sovcombank.
US unveils fresh sanctions on Russia targeting defense companies, hundreds of lawmakers
- by: Megan Henney
- 2022-03-24
- Source:
Fox Business
- 03/24/2022
Ukrainian Protests Continue into the weekend for now it's 5th day, with actions happening at Trafalgar and the Russian Embassy. by Ehimetalor Akhere Unuabona is licensed under Unsplash unsplash.com
Ukrainian Protests Continue into the weekend for now it's 5th day, with actions happening at Trafalgar and the Russian Embassy. by Ehimetalor Akhere Unuabona is licensed under Unsplash unsplash.com
