The Biden administration will impose sweeping new sanctions on Russia that include targeting Vladimir Putin’s two adult daughters in response to atrocities in Ukraine that the White House has called war crimes, the White House said Wednesday.

Maria Putina and Katerina Tikhonova, two daughters of the Russian leader and his ex-wife Lyudmila Shkrebneva Putina, face full blocking sanctions that will cut them off from the U.S. financial system and freeze any assets that may hold in the U.S. The U.S. believes many of Putin’s assets are hidden with family members.

Sanctions also target Russia’s foreign minister, Sergey Lavrov, and his wife and daughter. The new wave of sanctions on Russian elites add to the 140 other oligarchs and Kremlin officials already hit with sanctions since Russia invaded Ukraine.

Other new measures include full blocking sanctions on Russia’s largest financial institution, Sberbank, and Russia’s largest private bank, Alfa Bank  – moves that the official called “the most severe financial sanctions” the U.S. can take on Russia’s largest financial entities. 

The Biden administration will impose a ban on U.S. investment in Russia that will come from an executive order signed by President Joe Biden.

The new sanctions have been made in coordination with the Group of Seven nations and European Union allies, which are expected to take similar sanctions, and follows disturbing reports and images of civilian deaths in the Ukrainian town of Bucha near the capital of Kyiv.

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Latest developments

►A North Dakota farmer jailed in Ukraine since November has been moved from Kyiv to Lviv, Sen. John Hoeven said. Kurt Groszhan, 50, is charged with plotting to assassinate Ukraine’s then-agriculture minister, Roman Leschenko. The two had gone into business together after Groszhan moved to Ukraine in 2017.

► Ukraine’s military said it has retaken the settlements of Dobryanka, Novovoznesenske, and Trudolyubivka in the Kherson region just north of Crimea.

► The Russian military has killed more than 320 civilians in Bucha, Mayor Anatolii Fedoruk said Wednesday.

► $100 million worth of Javelin anti-tank missiles will be sent to Ukraine to meet an urgent need, Pentagon press secretary John Kirby said in a statement. The transfer brings the total of U.S. military assistance for Ukraine to $2.4 billion since President Joe Biden took office last January.

► Greece is expelling 12 Russian diplomats. Since the beginning of the war in Ukraine, Western countries have expelled more than 150 Russian diplomats.

Emergency workers search through the rubble of an apartment building following a Russian attack in Borodyanka, Ukraine, on April 6, 2022.

Dutch put 14 Russian yachts under ‘special supervision’

Dutch customs officials placed 14 yachts at five shipyards under “special supervision” on Wednesday because they are being built or repaired for wealthy Russians.

Finance Minister Wopke Hoekstra said 12 yachts are under construction and two are undergoing maintenance. The boats will not be allowed to leave the country because of the export ban and sanctions imposed on hundreds of wealthy supporters of Russian President Vladimir Putin. The Netherlands has been criticized for its slow start to enforcing sanctions.