
Russia's economy will be 'devastated' by sanctions and further sanctions are under consideration, Janet Yellen says
CNN
The United States and its allies are considering additional sanctions to punish Russia for "atrocities" committed in Ukraine even as existing sanctions deal a powerful blow to the Russian economy, US Treasury Secretary Janet Yellen said Thursday.
"The Russian economy will be devastated as a consequence of what we've already done, but we ... continue to consider further steps we can take," Yellen said during a Washington Post Live event.
Yellen did not detail specifics on what additional sanctions could be imposed, though she did note that Russia has not halted its invasion of Ukraine.

The White House is making clear it views President Donald Trump’s Friday Oval Office showdown with Ukrainian President Volodymyr Zelensky as an overwhelming win underscoring Trump’s “America First” leadership, dispatching top officials and allies on the airwaves to amplify Trump’s handling of the situation even as European leaders are putting on a key show of force of unity for Ukraine and its leader.