FOR THE ASSOCIATED PRESS, THANK YOU FOR BEING WITH US, PRESIDENT BIDEN SAYS HE WILL ANNOUNCE MAJOR SANCTIONS TARGETING RUSSIA, THE WHITE HOUSE IS THE MOVE IS IN RESPONSE TO RUSSIA'S CONTINUED AGGRESSION AGAINST UKRAINE AND THE DEPTH OF OPPOSITION LEADER ALEXEI NAVALNY, CBS NEWS CHIEF WHITE HOUSE CORRESPONDENT NANCY KORDAS IS FOLLOWING THE PRESIDENT AS HE RAISES CAMPAIGN FUNDS IN LOS ANGELES. >> JUST BEFORE L.A., THE PRESIDENT WARNED ABOUT AMIR BOUDON A NEW FINANCIAL CRACKDOWN IS COMING. >> I TOLD YOU WE WOULD BE ANNOUNCING SANCTIONS ON RUSSIA. WE WILL HAVE A MAJOR PACKAGE ANNOUNCED ON FRIDAY. >> THE MOVE COMES JUST FOUR DAYS AFTER RUSSIAN AUTHORITIES ANNOUNCED THE DEATH OF FAMED OPPOSITION LEADER ALEXEI NAVALNY WHO HAD APPEARED PERFECTLY HEALTHY IN A VIRTUAL COURT HEARING THE DAY BEFORE. TODAY, ALEXEI NAVALNY'S MOTHER SHOWED UP AT THE GATES OF THE ARCTIC PENAL COLONY WHERE HE WAS IN PRISON. >> Translator: THEY DO NOT GIVE ME HIS BODY, SHE SAID AND THEY DON'T EVEN TELL ME WHERE IT IS. HUNDREDS OF RUSSIANS HAVE NOW BEEN ARRESTED SIMPLY FOR MORNING ALEXEI NAVALNY'S DEATH AMONG THEM, A 33-YEAR-OLD RUSSIAN-AMERICAN WOMAN FROM L.A. DETAINED IN THE CENTRAL RUSSIAN CITY OF EKATERINBURG FACING UP TO 20 YEARS IN PRISON AFTER DONATING $50 TO A PRO-UKRAINIAN GROUP. >> I AM IN SHOCK. >> HER EX-MOTHER-IN-LAW SPOKE TO CBS NEWS. >> AM VERY CONCERNED ABOUT HER PHYSICAL BEING, HER BEING ABLE TO GET OUT OF THE JAIL, IT'S VERY TOUGH RIGHT NOW. >> NANCY KORDAS JOINS ME, IT HAS BEEN ALMOST TWO YEARS SINCE THE INVASION BY RUSSIA INTO UKRAINE, HOW DOES THE WHITE HOUSE KEEP FINDING NEW THINGS TO SANCTION RUSHER FOR, THEY HAVE BEEN DOING IT FOR TWO YEARS. >> IT IS NOT EASY, EXPERTS SAY AT THIS POINT, THERE IS NOT A LOT OF HIGHLIGHT -- LOW HANGING FRUIT BECAUSE THE U.S. AND ITS ALLIES HAVE ALREADY IMPOSED SUCH SWEEPING SANCTIONS ON EVERY SECTOR OF THE RUSSIAN ECONOMY WHILE THE WHITE HOUSE SAYS THESE NEW SANCTIONS COME FRIDAY ARE GOING TO BE FOCUSED ON RUSSIA'S DEFENSE SECTOR AND THE PARTS OF THE ECONOMY THAT FUND RUSSIA'S WAR MACHINE, IT IS HARD TO SAY RIGHT NOW JUST HOW MUCH THOSE NEW SANCTIONS WILL STAYING, ONE THING THAT EXPERTS SAY THE U.S. COULD DO THAT MIGHT HAVE AN IMPACT IS THAT THE U.S. SENATE ALLIES HAVE ALREADY IMPOSED A $60 A BARREL CAP ON RUSSIAN OIL. THEY SAY THAT THE U.S. COULD LOWER THAT TO $30 A BARREL. THAT MIGHT STING, THE U.S. COULD IMPOSE SANCTIONS ON INDIVIDUALS IN THE RUSSIAN GOVERNMENT, BUT YOU ARE RIGHT. THE KIND OF MAJOR SANCTIONS THAT THEY HAVE AT THEIR DISPOSAL A COUPLE OF YEARS AGO, THOSE HAVE ALREADY BEEN IMPOSED AND TAKEN THEIR TOLL. >> WE HAVE BEEN COVERING THE -- AFFIDAVIT FOR CONGRESS TO PASS YOU CREATE AID, IS THAT CONVERSATION CHANGING FROM YOUR VANTAGE POINT EITHER FROM ALEXEI NAVALNY'S DEATH OR FROM THE SANCTIONS THE PRESIDENT HAS TALKED ABOUT? >> CERTAINLY GIVES THE PRESIDENT SOME NEW TALKING POINTS AND HE'S DEFINITELY USING HIS MEGAPHONE ESPECIALLY BECAUSE CONGRESS IS ON RECESS, ALL OF THOSE LAWMAKERS PARTICULARLY REPUBLICANS WHO HAVE BEEN WARY OF MORE UKRAINE FUNDING, THEY ARE BACK IN THEIR HOME DISTRICTS WHILE THE PRESIDENT IS STILL AT THE WHITE HOUSE HAMMERING THEM. HE ACCUSED THEM YESTERDAY OF BEING PARTIALLY RESPONSIBLE FOR THE FACT THAT UKRAINE HAD TO PULL OUT OF A TIME WHERE IT WAS SURROUNDED BY RUSSIANS, THERE ARE NOW HUNDREDS OF UKRAINIAN SOLDIERS THAT HAD DISAPPEARED OR MIGHT HAVE BEEN CAPTURED BY THE RUSSIANS, HE ARGUED THE REASON THAT UKRAINE HAD TO STRATEGICALLY PULL OUT OF THAT TOWN WAS BECAUSE IT IS UNCLEAR TO THE UKRAINIANS WHETHER THEY ARE GOING TO BE GETTING MORE MONEY, AND THEREFORE MORE UTILITY -- ARTILLERY FROM THE U.S. HE SAYS THE TIME TO ACT IS NOW, IT IS CERTAINLY TRUE THAT THE U.S. HAS STRETCHED ITS EIGHT DOLLARS TO UKRAINE AS FAR AS IT HAS BEEN -- AS LONG AS IT HAS BEEN ABLE TO BUT AT THIS POINT, THE PRESSURE IS REALLY ON TO PASS MORE FUNDING AND ALL OF EUROPE IS WATCH
