In a determined effort to curb Russia's military aggression and support for the war in Ukraine, President Biden is set to sign a groundbreaking executive order today that aims to strengthen sanctions against the nation. White House officials confirmed that the sanctions will primarily target financial institutions that aid Russia's military endeavors.
The secondary sanctions, as described by senior administration sources, aim to disrupt the flow of funds to institutions supporting Russia's military and logistics in the Ukrainian conflict. The measure serves as a way for the Biden administration to pour proverbial sand in the gears of Russia's war machinery, without requiring Congress's involvement or approval for implementation.
