U.S. President Joe Biden’s administration on Thursday announced new sanctions against Russian oligarchs and others in President Vladimir Putin’s inner circle as Russian forces continue to pummel Ukraine.
Those targeted by the new sanctions include Putin’s press secretary, Dmitry Peskov, and Alisher Burhanovich Usmanov, one of Russia’s wealthiest individuals and a close ally of Putin. The U.S. State Department also announced it was imposing visa bans on 19 Russian oligarchs and dozens of their family members and close associates.
“These individuals and their family members will be cut off from the U.S. financial system; their assets in the United States will be frozen and their property will be blocked from use,” the White House said in a statement announcing the new penalties.
The White House described Peskov, the Kremlin spokesperson, as a "top purveyor of Putin’s propaganda.”
The property of Usmanov and the others will be blocked from use in the U.S. and by Americans. His assets include his superyacht, one of the world’s largest. Usmanov’s private jet, one of Russia’s largest privately-owned aircraft, is also covered by the sanctions.
Republicans dropped Rep. Jim Jordan on Friday as their nominee for House speaker, making the decision during a closed-door session after the hard-edged ally of Donald Trump failed badly on a third ballot for the gavel.
Canada has removed 41 of its diplomats from India as tensions rise between the two nations.
Mitt Romney said he believes right-wing media is the reason for the radicalization of the GOP party.
An Army private who fled to North Korea before being returned home to the United States last month has been detained by the U.S. military, two officials said Thursday night, and is facing charges including desertion and possessing sexual images of a child.
Israel bombarded Gaza early Friday, hitting areas in the south where Palestinians had been told to seek safety, and it began evacuating a sizable Israeli town in the north near the Lebanese border, the latest sign of a potential ground invasion of Gaza that could trigger regional turmoil.
The Justice Department has secured a $9 million settlement with Ameris Bank over allegations that it avoided underwriting mortgages in predominately Black and Latino communities in Jacksonville, Florida, and discouraged people there from getting home loans.
Israel pounded the Gaza Strip with airstrikes on Thursday, including in the south where Palestinians were told to take refuge, and the country's defense minister told ground troops to “be ready” to invade, though he didn’t say when.
Addressing the nation from the Oval Office, President Joe Biden has made his case for major U.S. backing of Ukraine and Israel in a time of war.
Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a slower-growing economy and job market.
Despite deepening opposition, Rep. Jim Jordan is expected to try a third vote to become House speaker, even as his Republican colleagues are explicitly warning the hard-edged ally of Donald Trump that no more threats or promises can win over their support.
