BREAKING: Biden Admin Launches ‘Mostly Symbolic’ Sanctions Against Putin, Report Says

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Democrat President Joe Biden’s administration will sanction Russian President Vladimir Putin for invading Ukraine but the sanctions may amount to little more than just a slap on the wrist, according to a report.

“It is extremely rare for the U.S. to sanction a sitting world leader, and the Kremlin had previously said it would consider sanctions on Putin himself to be a de facto severing of relations between the U.S. and Russia,” Axios reported. “The move[s] reflect Moscow’s new pariah status but are mostly symbolic, as it’s unclear what assets Putin and [Foreign Minister Sergey] Lavrov actually hold in the West after years of escalating sanctions against Russia.”

White House Press Secretary Jen Psaki said on Friday that the sanctions would be released later in the day but confirmed that Putin and Lavrov would be banned from traveling to the United States.

This is a breaking news story; refresh the page for updates. 

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