Biden Announces New Sanctions Against Russia, Aid to Ukraine

Biden Announces New Sanctions Against Russia, Aid to Ukraine
President Joe Biden looks on as he attends a North Atlantic Council meeting during an extraordinary summit at NATO Headquarters in Brussels on March 24, 2022. Evelyn Hockstein/Pool/AFP via Getty Images
Nick Ciolino
Updated:

U.S. President Joe Biden has announced new economic sanctions against Russia along with the latest aid package for Ukraine amid the ongoing war between the two countries.

The United States is again adding to its list of Russian targets, to include 400 new individuals and entities receiving “full blocking” sanctions. This latest tranche includes 48 state-owned defense companies, more than 300 members of the Russian legislature, and board members and heads of Russian financial institutions, the White House said in a March 24 statement.