since Russia's brutal invasion of Ukraine, Vladimir Putin has been shocked by two things: He has been shocked by the courage and the resilience and skill of the Ukrainian army and the resistance by the Ukrainian people. He has also been shocked by the way President Biden has unified the world and put together this broad, effective coalition. Think about this: Countries like Germany and Sweden and Finland, even Switzerland, have never been involved in these kinds of international operations. They are all on board, all working with us on weapons and on humanitarian assistance and on sanctions. The President's team has done an extraordinary job in mustering the strength of this allied coalition to impose a broad range of powerful, punishing sanctions. We have cut off huge portions of their banking, finance, and business sectors from the Western financial world. We have shut down access to their monetary reserves--what Putin considered his war chest. We have sanctioned their central bank, their large commercial banks, and their sovereign wealth funds. We have cut off their ability to finance their debt. We have blocked key sanctioned banks from the SWIFT financial messaging system. We are shutting down their borrowing privileges at international institutions like the World Bank and the International Monetary Fund. We have gone after Putin personally and the oligarchs who prop up his regime.…
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