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Transcripts for MSNBC The Rachel Maddow Show 20220223 09:22:00

all 27 eu member nations unanimously imposed sweeping restrictions against russia, or to use president biden s words, carving out a big chunk of ukraine. the big sanctions differ between the three groups, but the broad strokes are the same. all of them sanction russian banks, elite russian individuals. and the u.s. is fully sanctioning two of russia s banks, veb, and russia s military bank psb, the military bank alone handles 70% of russia s defense contracts and it s the smaller of the two banks. the u.s. is also sanctioning a handful of elite russian individuals. and cutting off u.s. financing the russian sovereign debt. in addition to the sanctions imposed by the uk and eu, germany delivered what might be the biggest economic blow

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