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Banking assets by itself. cut it off from the u.s. financial system. and today we're also blocking four more major banks. that means every asset they have in america will be frozen.d largest bank in russia, which has $250 billion in assets. as promised, we're also adding the names to the list of russian elites and their family members that are sanctioned -- that we're sanctioning as well. as i said on tuesday, these are people who personally gain from the kremlin's policies and they should share in the pain. we will keep up this drum beat of those designations against corrupt billionaires in t...

A profound impact on russia's economy, russia's financial system, russia's ten largest banks are under sanction. 10% of their banking assets, they export control measures that are limiting his ability to acquire 50% of the technologies that it will need for its strategic sectors. these well in fact, be painful. but again, this is not primarily about punishment. this is to do everything we can, to prevent, to deter, a worst-case scenario. we know that what putin has put in place, is the ability to mount a massive, large scale, bloody, devastating campaign against ukraine. but also against the u...

Lawrence: lucas you have been doing great work we will dive into that later today with the strategy if they will start targeting civilians. thank you so much. now we are light at the white house. what is the president saying? and he back? is there any update on the strategy? reporter: the president is in wilmington delaware this weekend for family member memorial service to be expected to come back tomorrow or monday morning. the national security council and the white house did announce tonight they had been working with the eu and nato countries to ban russia and select russian banks from th...

Facilities are safe and secure. david? >> ian pannell leading the way with our reporting again tonight. ian, thank you. and just before we came on the air this evening, we asked secretary of state antony blinken why the u.s. hasn't sanctioned putin directly. what they're seeing just outside kyiv right now. and is there a chance that vladimir putin goes beyond ukraine? secretary blinken, thank you for coming on again tonight. we heard the president list these new sanctions today against several russian banks, among other steps being taken. the president also said direct sanctions against vlad...

I was involved in 2014, and today sanctions are a multitude stronger than the ones we did earlier. they were a hammer blow on the banks. the bank has one third of all banking assets, be tb, 15% of banking assets, and together, 60% of all households opposites. but looking at from the u.s. financial system, the biden administration is unleashing financial dislocation and russia. this will be paying that will be felt broadly across the economy. it will be a pain that will be visible to everyone around the world, and will make clear to iran around the world that putin's unprecedented invasion of u...