President Joe Biden is set to sign a new executive order to strengthen sanctions against Russia, targeting financial institutions supporting Russia's military-industrial complex. The order aims to crack down on banks facilitating deals for Russia's military supplies, even if they are unaware. The Biden administration plans to blacklist foreign financial institutions that aid Russia's war machine, with the Treasury Department granted broad powers to clamp down on such firms. The measures are part of Washington's efforts to starve Moscow's war machine and disrupt military operations in Ukraine.
The #US administration warned that it would impose #sanctions on foreign banks that support #Russia's war against #Ukraine, in a new bid to exert pressure on Moscow as it diversifies from the West to China. https://t.co/KRV8sEK21i
The U.S. said it would use sanctions against banks that facilitate deals in which Russia procures semiconductors, ball bearings and other equipment necessary for its war machine, even if they’re not aware they’re doing so. https://t.co/Hc6mODzJvS
President Biden to launch expanded sanctions going after banks working with Moscow https://t.co/oFqNPhPVyM https://t.co/3dmq7HlW7u
🚨US Cracks Down on Financial Firms Helping Russia Biden signed an executive order granting the Treasury Department broad powers to clamp down on financial firms that help Russia buy military supplies. Treasury Secretary Janet Yellen: "We expect financial institutions will… https://t.co/NiDZPE0HiJ
The Biden administration announced plans to crack down on banks and financial services firms that are helping Russia evade strict sanctions on access to military technology and equipment that are aiding its war against Ukraine. https://t.co/8oumyiyc5T
A new U.S. executive order authorizes possible new sanctions targeting Russia, including against foreign banks that help finance the country’s military-industrial base https://t.co/RRihauNncm https://t.co/RRihauNncm
The administration of US President Joe Biden has begun urgent negotiations with allies about using frozen Russian assets to provide military support to Ukraine. This is reported by The New York Times , citing sources among American and European officials. This comes against the… https://t.co/42Poq91bb4
President Biden to sign new executive order to 'strengthen' sanctions against Russia https://t.co/yYeUZ1OgiA https://t.co/fjuIVO5quM
Biden signing order on banks dodging sanctions for Russia war machine https://t.co/ZDN9rvboh4 https://t.co/rz82sGntVE
President Joe Biden on Friday signed an executive order that threatens financial institutions found assisting Russia's military with sanctions. @emrwilkins has the full story. https://t.co/1aU1PLfeei https://t.co/r5ARqoH8vo
Biden signs an executive order aimed at financial facilitators of the Russian defense industry https://t.co/rgGQZJdBfA
US President Joe Biden signed a decree on economic measures against foreign financial institutions that are found involved in the supply of sanctioned military goods to Russia. https://t.co/udImlBZ2Yr
The US announces tougher sanctions at banks that facilitate payments for Russia’s military-industrial complex https://t.co/l408GamJca
Biden to launch expanded sanctions going after banks working with Moscow https://t.co/G8js57EyIi https://t.co/2DnskGiUxS
White House announces new measures tightening sanctions for cooperation with Russian military-industrial complex US President Joe Biden has already signed the decree. The decree provides for tougher sanctions against financial institutions, which in any way participated in… https://t.co/EuFDplgkPG
Good thread on how secondary sanctions on financial institutions work and likely scope of new measures. The focus on foreign banks supporting Russian military supply chains coincides with enforcement priorities this year- highest on limiting access to components used for military https://t.co/fnCI7r51Q7
President Joe Biden intends to sign a new executive order on Friday to "strengthen" sanctions against Russia, according to senior administration officials. https://t.co/XRi8uuvoPb https://t.co/XRi8uuvoPb
⚡ Biden administration to strengthen sanctions on Russia, target financial backers of war effort. U.S. President Joe Biden is set to sign a new executive order on Dec. 22 to strengthen U.S. sanctions against Russia and target financial institutions supporting Russia's war…
JUST IN: Biden to sign order targeting “financial facilitators” in Russia's war against Ukraine https://t.co/2tI4IbGyDU
⚠️ U.S. TREASURY'S ADEYEMO SAYS NEW RUSSIA SANCTIONS ORDER PUTS BIGGER BURDEN ON BANKS U.S. President Joe Biden's new executive order strengthening U.S. sanctions against Russia will put new pressure on banks to ensure that their services are not being used to aid Russia's… https://t.co/Wnawh3bzy7
The Biden administration will blacklist foreign financial institutions that support Russia’s military industrial complex as part of Washington’s efforts to starve Moscow’s war machine. @felschwartz reports: https://t.co/FiXeafeZK5
Biden set to sign executive order aimed at financial facilitators of Russian defense industry https://t.co/AryjRGcB29
The Biden administration is planning to crack down on banks and financial services firms that are helping Russia evade sanctions on access to military technology and equipment that are aiding its war against Ukraine, according to administration officials. https://t.co/ZRI1AG1wVE
US President Joe Biden will sign an executive order allowing Washington to impose sanctions on financial institutions that help Russia evade sanctions, US Treasury Secretary Janet Yellen said https://t.co/bkGbHFRiUN
U.S. takes aim at financial institutions with new Russia sanctions authority https://t.co/XMwyuOhJm2
🚨 RUSSIA'S WARNS U.S: HANDS OFF OUR $300B Biden plan to tap into Russia's frozen $300 billion assets for Ukraine, triggers Kremlin threatening to snap diplomatic relations. Moscow slams the proposed asset grab as a dire threat to global finance, hinting at severe… https://t.co/5v4DNwkwql
US takes aim at financial institutions with new Russia sanctions authority - Reuters https://t.co/8sQHGA6QtE
🇺🇸🇷🇺 BIDEN INTENSIFIES SANCTIONS | PUTIN UNFAZED Biden will sign an executive order strengthening sanctions against Russia to disrupt military operations and target financial institutions supporting the war in Ukraine. Putin: "We can’t be harmed by sanctions." Source: CNN https://t.co/26FjvQCHCi
The US said Friday it will sanction foreign banks that support Russia's war in Ukraine, in a new bid to exert economic pressure on Moscow as it diversifies from the West to China ➡️ https://t.co/D64PmUPDFI https://t.co/TzECfS3RGW
Breaking news: The Biden administration will blacklist foreign financial institutions that support Russia’s military industrial complex as part of Washington’s efforts to starve Moscow’s war machine. https://t.co/e6DAfcEwQm https://t.co/psl21BhdIY
NEW: US Aims Tougher Sanctions at Banks in Latest Bid to Hurt Putin w/ @JenniferJJacobs https://t.co/cSi8bryY3V
US threatens sanctions on banks that help fund Russia’s war machine https://t.co/AU3lLqmLY7
Biden to Sign Order Targeting Support For Russia’s Defense Industrial Base https://t.co/a8gyznlkjL
🔴 US AIMS TOUGHER SANCTIONS AT BANKS IN LATEST BID TO HURT PUTIN.