The new US sanctions triggered by Russian's latest actions in Ukraine included targets that in the past have gone untouched: the family members of those in Russian President Vladimir Putin's inner circle
By designating the sons of two powerful players close to the Russian President, the Biden administration sent a clear signal that its target list for individual sanctions extends beyond public officials and financiers as part of a new effort to shut down pathways for top Putin associates to shield their wealth by giving it to family members.
"While Biden administration officials say they've seen no indication Putin plans to de-escalate, the individual sanctions provide a window into the new elements being weighed, ranging from export controls to the most aggressive financial sanctions ever deployed. The sanctions are aimed at"powerful Russians in Putin's inner circle believed to be participating in the Russian regime's kleptocracy and their family members," according to the Treasury Department.
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