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MoneyWatch: EU bars 7 Russian banks from SWIFT

Name: MoneyWatch: EU bars 7 Russian banks from SWIFT
Uploaded: 2022-03-03T09:07:46-0500
Duration: 4 min 53 s
Description: In the latest rounds of sanctions hitting Russia following the invasion of Ukraine, the European Union has removed 7 banks from the SWIFT system, which supports global financial transactions. Politico national security reporter and author of the "National Security Daily" newsletter Alex Ward joins "CBS News Mornings" to discuss.

In the latest rounds of sanctions hitting Russia following the invasion of Ukraine, the European Union has removed 7 banks from the SWIFT system, which supports global financial transactions. Politico national security reporter and author of the "National Security Daily" newsletter Alex Ward joins "CBS News Mornings" to discuss.