Sanctions

Politics

Lawmakers, Yellen mull freezing Russian gold reserves

A bipartisan group of senators is working with the Treasury Department to prevent Russia from liquidating its giant stash of gold, potentially blocking one of the Kremlin's last methods for circumventing punishing financial sanctions.

Economy

Western companies severing ties with Russia over invasion of Ukraine, sanctions

The United States, Canada, European allies, and other countries announced a rash of sanctions against Russia over its invasion of Ukraine, including cutting Russian banks from the SWIFT messaging service, banning Russian aircraft, limiting the business dealings of Russian oligarchs, and other measures that will economically isolate the country.