Since President Biden took office last January, the U.S. economy has had the fastest job growth on record and the fastest economic growth in nearly 40 years.
The new sanctions effectively prohibit Americans from doing any business with Russia's central bank as well as freezes its assets within the United States.
The TV tower strike comes as recent satellite imagery has spread fears that Ukraine's capital Kyiv could soon become the arena for a full-scale Russian assault.
Russia's soccer teams were suspended from international play by the sport's governing bodies due to the Ukraine invasion. The ban means no World Cup for Russia.
The Biden administration's actions mark the latest erosion of diplomatic ties with Vladimir Putin and the Kremlin, which has been hit with crippling sanctions.
The United States will impose a slate of sanctions on Russian President Vladimir Putin and Foreign Minister Sergey Lavrov, the White House said Friday.