The White House National Economic Council Director, Brian Deese, stated on Wednesday that the administration would impose fresh penalties against Russian President Vladimir Putin’s adult children.
Mr. Desse said that the move was necessary because it was likely that Mr. Putin had hidden millions of dollars in personal holdings with members of his family in order to avoid having them checked.
Mr. Deese said at a breakfast with reporters hosted by the Christian Science Monitor, “Anyone who looks at the Russian economy right now and believes they’re bouncing back or showing some signs of life is, I think, missing the forest for the trees.”
Mr. Putin and his soldiers have been accused of war crimes in the Ukrainian city of Bucha, according to the White House.
Mr. Deese added that the sanctions will also target two of Russia’s largest banks, Sberbank and Alfa Bank, as well as Russian Foreign Minister Sergey Lavrov’s wife and daughter. Officials claim that the sanctions will increase pressure on Russia.
According to most projections, the Russian economy is currently on track to decline by 10% to 15% this year, which would be historic, Mr. Deese said.
Mariya Putina and Katerina Tikhonova, Mr. Putin’s daughters, are both in their 30s. Because of the Putin regime’s years of media suppression, nothing is known about them.