US Could Impose 'Severe' Sanctions If Russia Attacks Ukraine, Official Says
The U.S. will impose “severe economic and financial consequences,” including new sanctions, if Russia further invades Ukraine, a senior administration official told reporters Dec. 17. The comments came days after the G-7 countries and the European Union threatened “massive consequences”…
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against Russia and after the EU said it is working with the U.S. on a new round of coordinated sanctions (see 2112130007). “We are in the process of preparing severe consequences that would result if Russia decides to take the path of further aggression,” the official said, adding that they are “largely” financial measures. “We are prepared to consider a number of things that we had not considered in the past, and the results will be very profound on the Russian Federation.” Rep. Steve Cohen, D-Tenn., also said the U.S. will likely impose more severe sanctions if Russia pursues more military action in Ukraine. “We certainly need to do what we can to protect Ukraine and let the Russians know that we're not going to accept their aggression,” Cohen, a Helsinki Commission member, said during a Dec. 16 commission hearing. “I think it'd be a mistake for them to go to war, but they may, and we need to be swift to respond with sanctions.” The leaders of the House Foreign Affairs Committee also said the U.S. should prepare multilateral sanctions against Russia (see 2112130044).