
It's not the best time to be a Russian oligarch
CNN
If Russia's oligarchs weren't already shaking in their custom Italian-leather boots, they probably are now.
In his first State of the Union address Tuesday night, President Joe Biden addressed Russian President Vladimir Putin's cronies directly, telling them that the United States and its allies are coming to "seize your yachts, your luxury apartments, your private jets."
The message underscored how much the ground is shifting beneath the well-heeled feet of Russia's oligarchs, a class of businessmen who amassed their billions in personal wealth by leveraging their connections to the Kremlin in the 1990s carve-up of the former Soviet Union's assets.

President Donald Trump’s attacks on Federal Reserve Chair Jerome Powell are so commonplace at this point that they barely register in financial markets these days. The rapidly intensifying multi-pronged efforts by Trump’s advisers to amplify and expand on Trump’s attacks are a good reason to rethink that indifference.