POLITICUSUSA
According to a Goldman Sachs forecast, the rebound of the Ruble is an illusion, as Russia's economy is heading for a deep recession due to Biden's sanctions.
One picture tells the story as Russian Central Bank head Nabiullina had his head in his hand as he met with Putin.
President Biden and US allies have committed to forming a joint task force to seize sanctioned Russian assets around the world.
The United States is eyeing a sanction of Russia's central bank that would cut off $643 billion of cash reserves. The US wants to move in unison with Europe for maximum impact.
Fox News's Peter Doocy tried to suggest that Biden underestimated Putin, but the President shut him down.
Putin didn't think that Biden and the west would cut off Russia from western banks, but he was wrong.
After Putin recognized breakaway Ukraine territories as independent, President Biden responded with sanctions.
The U.S. Treasury Department on Monday slapped new sanctions on Russia, including five business entities and three individuals. In announcing the sanctions, the Treasury Department said the individuals and businesses had worked hand-in-hand with Russian military and intelligence services in conducting cyberattacks against the United States. One of the businesses involved is controlled by Russia’s Federal Security Service known as “FSB.”
Bob Menendez, Mark Warner and Sherrod Brown are fed up and they’re not going to take it any more. Yesterday they signed and sent a letter to the inspectors-general of three different federal agencies demanding that they investigate why the Congressionally-mandated Russian sanctions have never been implemented by the Trump Administration.
At multiple points during the campaign, Trump-connected associates suggested they would lift the crippling Russian sanctions.
The question of what Russia was supposed to get in return for helping Trump win the election was answered today as a bombshell text from Mike Flynn to a business partner promised to rip up the Obama sanctions on Russia as one of Flynn's first orders of business.
"It seems he is just always focused on Russia," one senior GOP aide said, according to Politico.
Donald Trump’s self-incriminating habit on social media struck again on Sunday as the President all but admitted that he is working for Putin as he said that he never discussed the tougher sanctions that the Senate passed with the Russian leader.
The White House rushed to lift sanctions that the Obama administration imposed on Russia for interfering in the 2016 election.
There are still many unanswered questions, but one thing is clear: Russia's attempt to turn Trump into their puppet has been a wild success.