Biden tells Russian oligarchs the U.S., allies are 'coming for your ill-begotten gains'

President Biden.
(Image credit: Jabin Botsford-Pool/Getty Images)

President Biden announced during the State of the Union on Tuesday night that the Department of Justice is working with European allies to find and seize the "yachts," "luxury apartments," and "private jets" of Russian oligarchs, declaring, "We're coming for your ill-begotten gains."

Biden said the United States is going after those close to Russian President Vladimir Putin, including "Russian oligarchs and the corrupt leaders who built billions of dollars off this violent regime." He also said American airspace will be closed to all Russian flights, "further isolating Russia." Biden added that Putin "has no idea what's coming."

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Catherine Garcia, The Week US

Catherine Garcia has worked as a senior writer at The Week since 2014. Her writing and reporting have appeared in Entertainment Weekly, The New York Times, Wirecutter, NBC News and "The Book of Jezebel," among others. She's a graduate of the University of Redlands and the Columbia University Graduate School of Journalism.