Joe Biden’s team has identified a set of economic penalties to impose should Russia invade Ukraine.
A source familiar with the situation said targeting Putin’s inner circle has been discussed but no decision have been made.
CNN reports that the US could include the extreme step of disconnecting Russia from the SWIFT international payment system used by banks around the world.
Bloomberg reported that the US and European allies are weighing sanctions targeting the Russian Direct Investment Fund.
The United States could also restrict the ability of investors to buy Russian debt on the secondary market, Bloomberg added, citing people familiar with the matter.
The White House has declined to comment.
source: express.co.uk