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Biden to launch expanded sanctions going after banks working with Moscow
The Hill ^ | 12/22/2023 | LAURA KELLY

Posted on 12/22/2023 6:59:12 AM PST by ChicagoConservative27

President Biden on Friday is expected to sign an executive order expanding sanctions targeting Russia’s ability to build up its military.

The new authority would threaten foreign banks connected to the U.S. financial system with penalties for transacting with Moscow.

The executive order (EO) warns foreign banks against processing “significant transactions relating to Russia’s military industrial base,” saying that doing so would risk losing access to the American financial system.

(Excerpt) Read more at thehill.com ...


TOPICS: Business/Economy; Culture/Society; Foreign Affairs; Government
KEYWORDS: banks; biden; moscow; sanctions
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That first round of sanctions really did wonders....
1 posted on 12/22/2023 6:59:12 AM PST by ChicagoConservative27
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To: ChicagoConservative27

Have you seen Malarkey yet? It is a cannot miss.

https://nitter.net/614clinton/status/1737953576297894183#m


2 posted on 12/22/2023 7:00:31 AM PST by dforest
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To: ChicagoConservative27
Any sanctions on banks working with Beijing?
No?
Why am I not surprised?
3 posted on 12/22/2023 7:01:25 AM PST by Gay State Conservative (Proudly Clinging To My Guns And My Religion)
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To: ChicagoConservative27

To be followed by sanctioning banks that provide account services to Trump supporters.


4 posted on 12/22/2023 7:01:48 AM PST by blackdog ((Z28.310) My dog Sam eats purple flowers.)
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To: ChicagoConservative27
The new authority would threaten foreign banks connected to the U.S. financial system with penalties for transacting with Moscow.

Dividing the world into two clear financial/military blocs. How will this not incentivize foreign countries and banks to minimize US dollar holdings and work with Americans?

5 posted on 12/22/2023 7:04:03 AM PST by PGR88
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To: ChicagoConservative27

What about US Citizens that Received MILLIONS OF DOLLARS from say the ex wife of the Mayor of Moscow???


6 posted on 12/22/2023 7:04:58 AM PST by eyeamok
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To: dforest

You owe me a new keyboard for that one!


7 posted on 12/22/2023 7:05:33 AM PST by Gay State Conservative (Proudly Clinging To My Guns And My Religion)
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To: ChicagoConservative27

Hunter Biden Received a $3.5 Million Payment From Ex-Moscow Mayor’s Wife, Republican Report Says

https://www.newsweek.com/hunter-biden-received-35-million-payment-ex-moscow-mayors-wife-republican-report-says-1533834


8 posted on 12/22/2023 7:05:47 AM PST by eyeamok
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To: ChicagoConservative27

Dummest move ever!


9 posted on 12/22/2023 7:06:23 AM PST by FranklinsTower
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To: Gay State Conservative

I have watched it several times. Whoever made that is a genius. The actors were perfect.


10 posted on 12/22/2023 7:06:47 AM PST by dforest
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To: ChicagoConservative27

While Biden took 3 1/2 MILLION dollars from the wife of the mayor of Moscow?????


11 posted on 12/22/2023 7:07:44 AM PST by high info voter (Delivery )
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To: ChicagoConservative27

But no sanctions for Iran though-


12 posted on 12/22/2023 7:08:13 AM PST by Bob434
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To: ChicagoConservative27

Great! Should continue to add fuel to the BRICS movement


13 posted on 12/22/2023 7:26:48 AM PST by aMorePerfectUnion (I didn't come here to guide lambs, but to awaken lions 🦅 MAGADONIAN ⚔️)
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To: ChicagoConservative27

The whole world recognizes that Joe Biden is not a smart guy. The real problem is they also believe Americans are stupid for electing him when we never elected him. We were hoodwinked by a crooked left and Trump haters that created a false narrative claiming we did.


14 posted on 12/22/2023 7:30:49 AM PST by apoliticalone (We need real justice not fictitious SOCIAL JUSTICE & DEI that is politics & propaganda, not justice.)
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To: blackdog

As if Traitor Joe has any idea what bank sanctions means.


15 posted on 12/22/2023 7:31:47 AM PST by gibsonguy
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To: ChicagoConservative27

Meaningless if China and others continue to skate.


16 posted on 12/22/2023 7:40:14 AM PST by fuente (Liberty resides in three boxes: the ballot box, the jury box and the cartridge box--Fredrick Douglas)
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To: ChicagoConservative27

Maybe sanctions round 13 will see some real results…

Russians seem to come through these sanction attempts like the Roadrunner
( meep meep!) while Biden coyote team keeps trying to drop a safe on them


17 posted on 12/22/2023 7:42:23 AM PST by silverleaf (“Inside Every Progressive Is A Totalitarian Screaming To Get Out” —David Horowitz)
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To: ChicagoConservative27

Silly bankers they ignore the memo of all dealing over seas are to be done with the Ukraine banks all operational money is held there.


18 posted on 12/22/2023 7:55:26 AM PST by Vaduz (....)
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To: Gay State Conservative

Maybe ‘sanctions’ are an intentional joke - and President Sniffer is really soliciting bribes... again.


19 posted on 12/22/2023 8:01:55 AM PST by GOPJ (Surgery doesn't make a man a woman anymore than wearing a Gorilla costume turns a man into an ape.)
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To: blackdog
To be followed by sanctioning banks that provide account services to Trump supporters.

Spot on!

20 posted on 12/22/2023 8:02:01 AM PST by libertylover (Our biggest problem, by far, is that almost all of big media is AGENDA-DRIVEN, not-truth driven.)
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