U.S. Mulls Russia Banking Sanctions If Putin Invades Ukraine

The transcript discusses the potential invasion of Ukraine by Russia and the US response, including sanctions targeting Russian banks. President Biden's video call with President Putin is highlighted as a critical diplomatic engagement, with potential sanctions and opposition to Nord Stream 2 being key points. The meeting is significant for both leaders, with Russia gaining diplomatic leverage by engaging with the US President. The outcome of the meeting is anticipated to impact future US-Russia relations.

What expectations has the Kremlin set ahead of the meeting?

What is the significance of the meeting between Biden and Putin according to the text?