US is imposing more than 500 new sanctions on Russia’s war machine, indicts Russian businessmen

WASHINGTON (AP) — The Treasury Department plans to impose more than 500 new sanctions on Russia and its war machine on Friday as the U.S. vows to keep up its financial pressure on Moscow with the war entering its third grueling year.

The sanctions represent the largest single tranche of penalties since Russia’s invasion of Ukraine on Feb. 24, 2022. They come on the heels of a series of new arrests and indictments announced by the Justice Department on Thursday that target Russian businessmen, including the head of Russia’s second-largest bank, and their middlemen in five separate federal cases.

The Biden administration is seeking to demonstrate its unwavering support for Ukraine, even though Republican lawmakers allied with former President Donald Trump are blocking vital additional U.S. military aid.

The White House had promised major sanctions in response to the death last week of Russian President Vladimir Putin’s most prominent critic, opposition leader Alexei Navalny, in an Arctic penal colony. Biden said Thursday after meeting with Navalny’s wife and daughter that the sanctions would be “against Putin, who is responsible for his death.”

<bsp-list-loadmore data-module="" class=«PageListStandardB» data-gtm-region=«READ MORE» data-gtm-topic=«No Value» data-show-loadmore=«true» data-gtm-modulestyle=«List B»> <bsp-custom-headline custom-headline=«div»> READ MORE </bsp-custom-headline> <bsp-custom-headline custom-headline=«div»> Putin takes a flight in nuclear-capable bomber in a tough message to the West ahead of election <use xlink:href="#play-icon" xmlns:xlink=«http://www.w3.org/1999/xlink»> </bsp-custom-headline> <bsp-custom-headline custom-headline=«div»> Russia’s forces turn their focus on Ukraine’s northeast in