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Biden hits Russia with sanctions, shifts troops to Germany
ABC News
President Joe Biden has hit back against Russia’s invasion of Ukraine, unleashing robust new sanctions, ordering the deployment of thousands of additional troops to NATO ally Germany, and declaring that America will stand up to Russia’s Vladimir Putin
WASHINGTON -- President Joe Biden hit back Thursday against Russia’s invasion of Ukraine, unleashing robust new sanctions, ordering the deployment of thousands of additional troops to NATO ally Germany and declaring that America would stand up to Russia's Vladimir Putin.
He also acknowledged that the invasion -- and efforts to thwart Putin -- will have a cost for Americans. But he sought to reassure that the economic pain that may come with rising energy prices will be short lived in the U.S.
As for the Russian president, Biden said, “He’s going to test the resolve of the West to see if we stay together. And we will.”
Targeting Russia's financial system, Biden said, the United States will block assets of large Russian banks, i mpose export controls aimed at the nation's high-tech needs and sanction its business oligarchs.