New US Sanctions Targets Putin’s Immediate Family

US President Joe Biden’s administration has imposed new economic sanctions Wednesday on Russia that will include Russian President Vladimir Putin’s daughters in response to Ukraine’s invasion.

Daughters of Putin and his ex-wife, Maria and Katerina face sanctions that will cut them off from the US financial system and freeze any assets they may hold in the USA.

The new sanctions ban US investment in Russia and hits Russia’s largest bank as well as financial institution, follows disturbing reports and images of civilian deaths in the Ukrainian town of Bucha near Kyiv.

The sanctions were made in coordination with the Group of Seven nations and European Union allies, which were likely to take similar sanctions. US authorities suspect many of Putin’s assets are hidden with family members.