New U.S. sanctions target Russia's largest banks and Putin's children

The U.S., European Union and Group of Seven nations are enacting new sanctions on Russia in response to the civilian toll reported in Bucha and elsewhere in Ukraine in recent days.

The U.S. sanctions target Russia's largest banks, families of top Russian officials including Russian President Vladimir Putin's adult children, state-owned entities and any new investment in Russia by U.S. nationals.

"We will document and share information on these atrocities and use all appropriate mechanisms to hold accountable those responsible," the White House said in a statement announcing the new measures.