Biden weighs support for expelling Russia from SWIFT as more European countries appear ready to back move
CNN
President Joe Biden is seriously weighing whether to publicly support expelling Russia from SWIFT, the high-security network that connects thousands of financial institutions around the world, but has yet to make a final decision, multiple people familiar with his thinking say, as more European nations indicate support for such a move.
The decision to trigger the action has always been contingent on sign-off by the European Union, which had been split in a contentious debate for weeks over the action, ultimately choosing not to go forward this week.
But US officials and their EU counterparts have continued to weigh options, including removing individual banks and entities, instead of the entire Russian economy, from the network, officials say.
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