March 09, 2022

White House eyes new sanctions on lawmakers in Russian parliament as part of financial attack on Moscow

Source: The Washington Post

Journalists: Tyler Pager, Jeff Stein

The White House is weighing new sanctions against lawmakers in the upper-chamber of the Russian parliament, as the United States seeks to increase financial pressure on Russia over its invasion of Ukraine, two people with knowledge of the matter said.

The potential U.S. sanctions on members of Russia’s Federation Council — also known as the country’s senate — would represent just the latest measure of at least a half-dozen major actions already taken by the White House to harm Russia’s financial elite and its economy more broadly over the assault on Ukraine.

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“The end destination is clear — we’re headed to 10 out of 10, Iran-style sanctions on Russia. The question is how quickly we get there,” said Edward Fishman, a former State Department official who worked on Russia sanctions policy during the Obama administration and is now at the Center for a New American Security.

Read the full story and more from The Washington Post.

Author

  • Edward Fishman