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Biden Signed a Decree on Sanctions Against Russia After Recognizing Donetsk and Luhansk

President Joseph Biden last night signed an executive order banning investment, trade and financing that would be carried out by US citizens with breakaway regions in eastern Ukraine.

“I have signed an executive order to prevent Russia from profiting from a serious breach of international law,” Biden wrote on Twitter.

He said the United States was continuing consultations with allies, partners and Ukraine on the next steps.

White House spokeswoman Jen Psaki announced yesterday that Biden would sign a decree banning “any new US investment, exchange or financing” in the pro-Russian Donetsk and Luhansk regions.

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