As The Hill reports,
The Times of London reported Friday that the U.S. was preparing a sanctions regime that would target Putin's personal wealth, which includes a reported $40 billion stashed in Swiss bank accounts.The White House on Friday refused to comment on reports that Russian President Vladimir Putin's personal wealth could be targeted if the West were to move ahead with additional sanctions over Ukraine.
"I'm not going to get into foreshadowing particular individuals or entities that the United States may target," national security adviser Susan Rice told reporters at the White House. "But let me just say we've been clear that there are additional individuals, officials, close associates of senior leadership, oligarchs and those entities that they are associated with that remain very much potential targets of additional sanctions."
Perhaps it is worth remembering Putin's response from last week's Q&A...Putin's actual holdings are a tightly held secret, and the extent of his holdings are difficult to estimate. ....
Though we are sure Obama and his team have considered all the intended and unintended consequences of any such actions.Putin was asked why the US can do whatever it wants and no one punishes them, while attempts are being made to punish Russia.
“The US is certainly one of the world’s leaders. At some point it seemed that it was the only leader and a uni-polar system was in place. Today it appears that is not the case. Everything in the world is interdependent and once you try to punish someone, in the end you will cut off your nose to spite your face,” he said.
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