WASHINGTON — The Biden administration on Wednesday imposed a fresh round of sanctions on two Russian banks and wealthy individuals, including President Vladimir Putin’s daughters, following revelations of atrocities in Ukraine, the White House announced.
The sweeping package, which was coordinated with the European Union and the Group of Seven, stiffens sanctions on Sberbank, Russia’s largest financial institution, and on Alfa Bank, the nation’s largest bank. Action by the Treasury Department will also bar new investment in Russia by U.S. entities and imposes new and broad sanctions on some state-owned enterprises.
The measures also target Putin’s two daughters, Mariya Putina and Katerina Tikhonova, as well as other members of the Russian elite, including Foreign Minister Sergey Lavrov’s wife and daughter. Also sanctioned were Mikhail Mishustin, Russia’s prime minister, and Dmitry Medvedev, a former president and prime minister.
