U.S. sanctions Putin’s adult children, bans all new investment in Russia

U.S. sanctions Putin’s adult children, bans all new investment in Russia


Russian President Vladimir Putin chairs a meeting on agriculture via a video link at the Novo-Ogaryovo state residence outside Moscow on April 5, 2022.

Mikhail Klimentyev | AFP | Getty Images

WASHINGTON — The United States on Wednesday announced it would impose a new slate of sanctions on Russia that includes first-time sanctions on the two adult daughters of Russian President Vladimir Putin.

Katerina Tikhonovna and Maria Putina, who are in their 30s, are rarely seen in public and almost never mentioned by their father. The Kremlin has only ever identified them by their first names.

“We believe that many of Putin’s assets are hidden with family members, and that’s why we’re targeting them,” said a senior administration official who spoke on background to preview the new measures.

In 2015, Putin acknowledged that his daughters lived in Russia and were fluent in multiple languages, but said, “To talk about where exactly my daughters work and what they do—I have never done this and am not going to do it now, for many reasons, including security issues.”

In addition to Putin’s daughters, the U.S. will sanction Foreign Minister Sergey Lavrov’s wife and daughter, as well as Former President and Prime Minister of Russia Dmitry Medvedev and Prime Minister Mikhail Mishustin, the White House announced.

U.S. officials said this latest round of sanctions was in direct response to shocking new evidence of what are likely to be war crimes committed by Russian troops in the Ukrainian town of Bucha.

There, civilians were found shot to death with their hands tied behind their backs following Russia’s weekslong occupation of the village.

Beyond individual designations, President Joe Biden will sign a new executive order prohibiting any new investment in Russia by Americans, which will apply to both U.S. residents and those living abroad.

Two of Russia’s largest banks, Sberbank and Alfa Bank will also be subjected to full blocking sanctions for the first time, albeit with carve outs for energy purchases.

Several major Russian state enterprises are being placed under full blocking sanctions, the White House said, with specific entities to be announced later this week by the Treasury Department.

The new sanctions are being coordinated with members of the G-7 group of developed economies and the European Union, part of an effort to maximize their impact and minimize opportunities for the Kremlin to evade them, said the senior administration official.

This is breaking news. Please check back for updates.



Source

Engine failure forces United Airlines flight to return to Washington, D.C.-area airport
World

Engine failure forces United Airlines flight to return to Washington, D.C.-area airport

A United Airlines airplane is towed from a gate at Newark Liberty International Airport on August 10, 2025, in Newark, New Jersey. Gary Hershorn | Corbis News | Getty Images A United Airlines flight bound for Tokyo was forced to return to Dulles International Airport in northern Virginia on Saturday afternoon after experiencing an engine […]

Read More
Two U.S. soldiers and a civilian interpreter killed in suspected Islamic State attack in Syria
World

Two U.S. soldiers and a civilian interpreter killed in suspected Islamic State attack in Syria

A view of damaged Syrian General Staff Headquarters following multiple Israeli airstrikes in central Damascus, Syria on July 16, 2025. Bakr Al Kasem | Anadolu | Getty Images Three U.S. military personnel — two Army soldiers and a civilian interpreter — were killed on Saturday by a suspected Islamic State attacker who targeted a convoy […]

Read More
Todd Combs’ stellar 15-year career at Berkshire started with an unsolicited letter to Charlie Munger
World

Todd Combs’ stellar 15-year career at Berkshire started with an unsolicited letter to Charlie Munger

Todd Combs, one of Warren Buffett’s handpicked investment lieutenants and a key executive at Geico, Berkshire Hathaway’ s crown jewel insurance business, is leaving the conglomerate after a 15-year tenure that helped define the firm’s post-Buffett transition. Combs, 54, first caught the attention of Buffett’s late partner Charlie Munger, who famously recounted receiving an unsolicited […]

Read More