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Biden’s Russia sanctions are a main weapon, but will they hurt Putin?


  • Biden has sanctioned a number of Russian oligarchs as well as their family.
  • But kleptocracy experts and lawmakers say more needs to be done to rein in Putin.
  • “We need a 24/7 task force in the US government dedicated to making these people's lives miserable," said Rep. Tom Malinowski.

WASHINGTON – They own professional sports teams, travel the world in superyachts and stash their billions in Western real estate.

Russia's wealthy oligarchs and political elites flaunt a level of in-your-face affluence across the world. This week, their wealth and connections to Russian President Vladimir Putin made some of them targets of President Joe Biden's sanctions in response to the Kremlin’s ongoing military invasion of Ukraine.


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